JL MCMASTER 155-156 (ALLOC-A)

JL MCMASTER 155-156 (ALLOC-A) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 301,067 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 $5.0M, with roughly $865K 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 440 barrels a month. Its strongest month on the record we hold was April 2017, at 25,669 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 JL MCMASTER 155-156 (ALLOC-A)

Who operates JL MCMASTER 155-156 (ALLOC-A)?: JL MCMASTER 155-156 (ALLOC-A) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
Where is JL MCMASTER 155-156 (ALLOC-A)?: JL MCMASTER 155-156 (ALLOC-A) is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19492.
Is JL MCMASTER 155-156 (ALLOC-A) still producing?: JL MCMASTER 155-156 (ALLOC-A) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JL MCMASTER 155-156 (ALLOC-A) is August 2026.
How much has JL MCMASTER 155-156 (ALLOC-A) produced?: JL MCMASTER 155-156 (ALLOC-A) has reported 301,067 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
How much is JL MCMASTER 155-156 (ALLOC-A) worth?: The remaining production from JL MCMASTER 155-156 (ALLOC-A) is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $3.9M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JL MCMASTER 155-156 (ALLOC-A) is a fraction of it. The estimate fits an Arps decline curve to the production JL MCMASTER 155-156 (ALLOC-A) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JL MCMASTER 155-156 (ALLOC-A) is an estimate of value, not an offer and not an appraisal.
How much income does JL MCMASTER 155-156 (ALLOC-A) generate in a year?: JL MCMASTER 155-156 (ALLOC-A) is forecast to net about $865K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JL MCMASTER 155-156 (ALLOC-A) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JL MCMASTER 155-156 (ALLOC-A) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum, Inc.
Field	Spraberry (Trend Area)
County	Reagan County, Texas
RRC district	7C
Lease number	19492
Wellbores	1
Reported production	301,067 bbl
First reported	February 2017
Last reported	August 2026
Estimated royalty value	$5.0M

Where JL MCMASTER 155-156 (ALLOC-A) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.