STATE BIG TEX SOUTH 781615-143
STATE BIG TEX SOUTH 781615-143 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 469,348 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 $7.8M, with roughly $2.0M 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 2,889 barrels a month. Its strongest month on the record we hold was October 2019, at 35,250 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STATE BIG TEX SOUTH 781615-143
- Who operates STATE BIG TEX SOUTH 781615-143?
- STATE BIG TEX SOUTH 781615-143 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is STATE BIG TEX SOUTH 781615-143?
- STATE BIG TEX SOUTH 781615-143 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52938.
- Is STATE BIG TEX SOUTH 781615-143 still producing?
- STATE BIG TEX SOUTH 781615-143 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE BIG TEX SOUTH 781615-143 is August 2026.
- How much has STATE BIG TEX SOUTH 781615-143 produced?
- STATE BIG TEX SOUTH 781615-143 has reported 469,348 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is STATE BIG TEX SOUTH 781615-143 worth?
- The remaining production from STATE BIG TEX SOUTH 781615-143 is estimated to be worth about $7.8M in total as of 27 August 2026, within a range of $6.5M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BIG TEX SOUTH 781615-143 is a fraction of it. The estimate fits an Arps decline curve to the production STATE BIG TEX SOUTH 781615-143 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BIG TEX SOUTH 781615-143 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BIG TEX SOUTH 781615-143 generate in a year?
- STATE BIG TEX SOUTH 781615-143 is forecast to net about $2.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE BIG TEX SOUTH 781615-143 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 | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 52938 |
| Wellbores | 1 |
| Reported production | 469,348 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where STATE BIG TEX SOUTH 781615-143 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.