JAKE
JAKE is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Mas Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 34,295 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 $476K, with roughly $92K 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 147 barrels a month. Its strongest month on the record we hold was May 2017, at 729 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 JAKE
- Who operates JAKE?
- JAKE is operated by Mas Operating Co., Railroad Commission of Texas operator number 531346.
- Where is JAKE?
- JAKE is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48040.
- Is JAKE still producing?
- JAKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAKE is August 2026.
- How much has JAKE produced?
- JAKE has reported 34,295 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is JAKE worth?
- The remaining production from JAKE is estimated to be worth about $476K in total as of 26 August 2026, within a range of $372K to $581K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAKE is a fraction of it. The estimate fits an Arps decline curve to the production JAKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAKE is an estimate of value, not an offer and not an appraisal.
- How much income does JAKE generate in a year?
- JAKE is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mas Operating Co. |
|---|---|
| Field | Keystone (Consolidated) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 48040 |
| Wellbores | 1 |
| Reported production | 34,295 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $476K |
Where JAKE 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.