O'NEALL
O'NEALL is a Texas oil lease in Clay County, Railroad Commission district 09, operated by J-W Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 12,202 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 $101K, with roughly $19K 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 25 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was August 2017, at 223 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 O'NEALL
- Who operates O'NEALL?
- O'NEALL is operated by J-W Operating Co., Railroad Commission of Texas operator number 427960.
- Where is O'NEALL?
- O'NEALL is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31208.
- Is O'NEALL still producing?
- O'NEALL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for O'NEALL is August 2026.
- How much has O'NEALL produced?
- O'NEALL has reported 12,202 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 2 wellbores.
- How much is O'NEALL worth?
- The remaining production from O'NEALL is estimated to be worth about $101K in total as of 26 August 2026, within a range of $55K to $146K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in O'NEALL is a fraction of it. The estimate fits an Arps decline curve to the production O'NEALL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for O'NEALL is an estimate of value, not an offer and not an appraisal.
- How much income does O'NEALL generate in a year?
- O'NEALL is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in O'NEALL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J-W Operating Co. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 31208 |
| Wellbores | 2 |
| Reported production | 12,202 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $101K |
Where O'NEALL 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.