LITTLE JOE
LITTLE JOE is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Lainco, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 33,141 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $251K, with roughly $48K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 52 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was August 2016, at 326 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LITTLE JOE
- Who operates LITTLE JOE?
- LITTLE JOE is operated by Lainco, Inc., Railroad Commission of Texas operator number 482345.
- Where is LITTLE JOE?
- LITTLE JOE is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31367.
- Is LITTLE JOE still producing?
- LITTLE JOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LITTLE JOE is August 2026.
- How much has LITTLE JOE produced?
- LITTLE JOE has reported 33,141 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 2 wellbores.
- How much is LITTLE JOE worth?
- The remaining production from LITTLE JOE is estimated to be worth about $251K in total as of 26 August 2026, within a range of $138K to $364K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LITTLE JOE is a fraction of it. The estimate fits an Arps decline curve to the production LITTLE JOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LITTLE JOE is an estimate of value, not an offer and not an appraisal.
- How much income does LITTLE JOE generate in a year?
- LITTLE JOE is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LITTLE JOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lainco, Inc. |
|---|---|
| Field | Keeler-Wimberly (Canyon SD.) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 31367 |
| Wellbores | 2 |
| Reported production | 33,141 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $251K |
Where LITTLE JOE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.