FOREMAN-JONES 40D
FOREMAN-JONES 40D is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 514,632 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 $5.9M, with roughly $4.3M 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 5,855 barrels a month, about 2,927 per wellbore. Its strongest month on the record we hold was June 2022, at 29,813 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 FOREMAN-JONES 40D
- Who operates FOREMAN-JONES 40D?
- FOREMAN-JONES 40D is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is FOREMAN-JONES 40D?
- FOREMAN-JONES 40D is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56680.
- Is FOREMAN-JONES 40D still producing?
- FOREMAN-JONES 40D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOREMAN-JONES 40D is August 2026.
- How much has FOREMAN-JONES 40D produced?
- FOREMAN-JONES 40D has reported 514,632 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 2 wellbores.
- How much is FOREMAN-JONES 40D worth?
- The remaining production from FOREMAN-JONES 40D is estimated to be worth about $5.9M in total as of 27 August 2026, within a range of $4.9M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOREMAN-JONES 40D is a fraction of it. The estimate fits an Arps decline curve to the production FOREMAN-JONES 40D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOREMAN-JONES 40D is an estimate of value, not an offer and not an appraisal.
- How much income does FOREMAN-JONES 40D generate in a year?
- FOREMAN-JONES 40D is forecast to net about $4.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOREMAN-JONES 40D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 56680 |
| Wellbores | 2 |
| Reported production | 514,632 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.9M |
Where FOREMAN-JONES 40D 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.