SOUTH SMARTY JONES STATE 28-33
SOUTH SMARTY JONES STATE 28-33 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 October 2019 to August 2026, totalling 227,836 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 $3.5M, with roughly $1.5M 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 2,751 barrels a month. Its strongest month on the record we hold was March 2022, at 14,234 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 SOUTH SMARTY JONES STATE 28-33
- Who operates SOUTH SMARTY JONES STATE 28-33?
- SOUTH SMARTY JONES STATE 28-33 is operated by Manti Tarka Permian Op, LLC, Railroad Commission of Texas operator number 524907.
- Where is SOUTH SMARTY JONES STATE 28-33?
- SOUTH SMARTY JONES STATE 28-33 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54731.
- Is SOUTH SMARTY JONES STATE 28-33 still producing?
- SOUTH SMARTY JONES STATE 28-33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH SMARTY JONES STATE 28-33 is August 2026.
- How much has SOUTH SMARTY JONES STATE 28-33 produced?
- SOUTH SMARTY JONES STATE 28-33 has reported 227,836 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is SOUTH SMARTY JONES STATE 28-33 worth?
- The remaining production from SOUTH SMARTY JONES STATE 28-33 is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH SMARTY JONES STATE 28-33 is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH SMARTY JONES STATE 28-33 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 28-33 is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH SMARTY JONES STATE 28-33 generate in a year?
- SOUTH SMARTY JONES STATE 28-33 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH SMARTY JONES STATE 28-33 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 | 54731 |
| Wellbores | 1 |
| Reported production | 227,836 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where SOUTH SMARTY JONES STATE 28-33 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.