JONES-HOLTON
JONES-HOLTON is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Limestone Exploration, LLC. It has 120 wellbores on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 12,959,083 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 $73.1M, with roughly $21.7M 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 26,659 barrels a month, about 222 per wellbore. Its strongest month on the record we hold was August 2016, at 320,813 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JONES-HOLTON
- Who operates JONES-HOLTON?
- JONES-HOLTON is operated by Limestone Exploration, LLC, Railroad Commission of Texas operator number 500798.
- Where is JONES-HOLTON?
- JONES-HOLTON is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38895.
- Is JONES-HOLTON still producing?
- JONES-HOLTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES-HOLTON is August 2026.
- How much has JONES-HOLTON produced?
- JONES-HOLTON has reported 12,959,083 barrels of oil (bbl) to the Railroad Commission of Texas between August 2008 and August 2026, from 120 wellbores.
- How much is JONES-HOLTON worth?
- The remaining production from JONES-HOLTON is estimated to be worth about $73.1M in total as of 26 August 2026, within a range of $59.9M to $86.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES-HOLTON is a fraction of it. The estimate fits an Arps decline curve to the production JONES-HOLTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES-HOLTON is an estimate of value, not an offer and not an appraisal.
- How much income does JONES-HOLTON generate in a year?
- JONES-HOLTON is forecast to net about $21.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES-HOLTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Limestone Exploration, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38895 |
| Wellbores | 120 |
| Reported production | 12,959,083 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $73.1M |
Where JONES-HOLTON 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.