DUNN, J. Z.

DUNN, J. Z. is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Maxwell, Richard. It has 31 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,832 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $842, with roughly $162 expected over the next twelve months. Over the last twelve months on file it averaged 5 barrels a month. Its strongest month on the record we hold was January 2017, at 227 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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.

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.