CONDIMENT KING 6920A-34
CONDIMENT KING 6920A-34 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 7 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 1,729,871 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 $17.9M, with roughly $14.0M 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 51,729 barrels a month, about 7,390 per wellbore. Its strongest month on the record we hold was February 2025, at 149,406 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 CONDIMENT KING 6920A-34
- Who operates CONDIMENT KING 6920A-34?
- CONDIMENT KING 6920A-34 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is CONDIMENT KING 6920A-34?
- CONDIMENT KING 6920A-34 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50259.
- Is CONDIMENT KING 6920A-34 still producing?
- CONDIMENT KING 6920A-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONDIMENT KING 6920A-34 is August 2026.
- How much has CONDIMENT KING 6920A-34 produced?
- CONDIMENT KING 6920A-34 has reported 1,729,871 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 7 wellbores.
- How much is CONDIMENT KING 6920A-34 worth?
- The remaining production from CONDIMENT KING 6920A-34 is estimated to be worth about $17.9M in total as of 27 August 2026, within a range of $14.7M to $21.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONDIMENT KING 6920A-34 is a fraction of it. The estimate fits an Arps decline curve to the production CONDIMENT KING 6920A-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONDIMENT KING 6920A-34 is an estimate of value, not an offer and not an appraisal.
- How much income does CONDIMENT KING 6920A-34 generate in a year?
- CONDIMENT KING 6920A-34 is forecast to net about $14.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CONDIMENT KING 6920A-34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jagged Peak Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 50259 |
| Wellbores | 7 |
| Reported production | 1,729,871 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.9M |
Where CONDIMENT KING 6920A-34 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.