JACOBS LIVESTOCK
JACOBS LIVESTOCK is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Olsen Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 1994 to August 2026, totalling 33,384 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 $153K, with roughly $28K 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 38 barrels a month. Its strongest month on the record we hold was July 2022, at 150 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 JACOBS LIVESTOCK
- Who operates JACOBS LIVESTOCK?
- JACOBS LIVESTOCK is operated by Olsen Energy Inc., Railroad Commission of Texas operator number 621750.
- Where is JACOBS LIVESTOCK?
- JACOBS LIVESTOCK is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13681.
- Is JACOBS LIVESTOCK still producing?
- JACOBS LIVESTOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACOBS LIVESTOCK is August 2026.
- How much has JACOBS LIVESTOCK produced?
- JACOBS LIVESTOCK has reported 33,384 barrels of oil (bbl) to the Railroad Commission of Texas between September 1994 and August 2026, from 1 wellbore.
- How much is JACOBS LIVESTOCK worth?
- The remaining production from JACOBS LIVESTOCK is estimated to be worth about $153K in total as of 26 August 2026, within a range of $84K to $222K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACOBS LIVESTOCK is a fraction of it. The estimate fits an Arps decline curve to the production JACOBS LIVESTOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACOBS LIVESTOCK is an estimate of value, not an offer and not an appraisal.
- How much income does JACOBS LIVESTOCK generate in a year?
- JACOBS LIVESTOCK is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACOBS LIVESTOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Olsen Energy Inc. |
|---|---|
| Field | Heluma (Devonian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 13681 |
| Wellbores | 1 |
| Reported production | 33,384 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where JACOBS LIVESTOCK 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.