SOUTH SMARTY JONES STATE 28
SOUTH SMARTY JONES STATE 28 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Manti Tarka Permian Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 202,795 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 $649K, with roughly $353K 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 735 barrels a month. Its strongest month on the record we hold was September 2017, at 14,652 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 SOUTH SMARTY JONES STATE 28
- Who operates SOUTH SMARTY JONES STATE 28?
- SOUTH SMARTY JONES STATE 28 is operated by Manti Tarka Permian Op, LLC, Railroad Commission of Texas operator number 524907.
- Where is SOUTH SMARTY JONES STATE 28?
- SOUTH SMARTY JONES STATE 28 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49420.
- Is SOUTH SMARTY JONES STATE 28 still producing?
- SOUTH SMARTY JONES STATE 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH SMARTY JONES STATE 28 is August 2026.
- How much has SOUTH SMARTY JONES STATE 28 produced?
- SOUTH SMARTY JONES STATE 28 has reported 202,795 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is SOUTH SMARTY JONES STATE 28 worth?
- The remaining production from SOUTH SMARTY JONES STATE 28 is estimated to be worth about $649K in total as of 27 August 2026, within a range of $506K to $791K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH SMARTY JONES STATE 28 is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH SMARTY JONES STATE 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH SMARTY JONES STATE 28 is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH SMARTY JONES STATE 28 generate in a year?
- SOUTH SMARTY JONES STATE 28 is forecast to net about $353K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH SMARTY JONES STATE 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Manti Tarka Permian Op, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 49420 |
| Wellbores | 1 |
| Reported production | 202,795 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $649K |
Where SOUTH SMARTY JONES STATE 28 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.