JRS FARMS "24A"

JRS FARMS "24A" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Merit Energy Company. It has 13 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 573,615 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $25K, with roughly $8K expected over the next twelve months.

OperatorMerit Energy Company
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number17969
Wellbores13
Reported production573,615 bbl
First reportedJune 2012
Last reportedAugust 2026
Estimated royalty value$25K

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.