JUNE
JUNE is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Atlantic Operating, Inc. It has 7 wellbores on file with the Commission. Reported production runs from April 2005 to August 2026, totalling 594,410 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 $3.0M, with roughly $665K 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 874 barrels a month, about 125 per wellbore. Its strongest month on the record we hold was August 2022, at 1,273 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 JUNE
- Who operates JUNE?
- JUNE is operated by Atlantic Operating, Inc., Railroad Commission of Texas operator number 036546.
- Where is JUNE?
- JUNE is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37649.
- Is JUNE still producing?
- JUNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUNE is August 2026.
- How much has JUNE produced?
- JUNE has reported 594,410 barrels of oil (bbl) to the Railroad Commission of Texas between April 2005 and August 2026, from 7 wellbores.
- How much is JUNE worth?
- The remaining production from JUNE is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.3M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUNE is a fraction of it. The estimate fits an Arps decline curve to the production JUNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUNE is an estimate of value, not an offer and not an appraisal.
- How much income does JUNE generate in a year?
- JUNE is forecast to net about $665K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JUNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atlantic Operating, Inc. |
|---|---|
| Field | Grice (Delaware) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 37649 |
| Wellbores | 7 |
| Reported production | 594,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where JUNE 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.