VENOM 6261C-34
VENOM 6261C-34 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 5 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,308,902 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 $14.3M, with roughly $3.9M 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 5,915 barrels a month, about 1,183 per wellbore. Its strongest month on the record we hold was November 2019, at 83,864 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 VENOM 6261C-34
- Who operates VENOM 6261C-34?
- VENOM 6261C-34 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is VENOM 6261C-34?
- VENOM 6261C-34 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54206.
- Is VENOM 6261C-34 still producing?
- VENOM 6261C-34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VENOM 6261C-34 is August 2026.
- How much has VENOM 6261C-34 produced?
- VENOM 6261C-34 has reported 1,308,902 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 5 wellbores.
- How much is VENOM 6261C-34 worth?
- The remaining production from VENOM 6261C-34 is estimated to be worth about $14.3M in total as of 26 August 2026, within a range of $11.8M to $16.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VENOM 6261C-34 is a fraction of it. The estimate fits an Arps decline curve to the production VENOM 6261C-34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VENOM 6261C-34 is an estimate of value, not an offer and not an appraisal.
- How much income does VENOM 6261C-34 generate in a year?
- VENOM 6261C-34 is forecast to net about $3.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VENOM 6261C-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 | 54206 |
| Wellbores | 5 |
| Reported production | 1,308,902 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14.3M |
Where VENOM 6261C-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.