BUG OFF
BUG OFF is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Jetta Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 181,611 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 $335K, with roughly $56K 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 65 barrels a month. Its strongest month on the record we hold was July 2016, at 1,237 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 BUG OFF
- Who operates BUG OFF?
- BUG OFF is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is BUG OFF?
- BUG OFF is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32325.
- Is BUG OFF still producing?
- BUG OFF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUG OFF is August 2026.
- How much has BUG OFF produced?
- BUG OFF has reported 181,611 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is BUG OFF worth?
- The remaining production from BUG OFF is estimated to be worth about $335K in total as of 26 August 2026, within a range of $184K to $485K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUG OFF is a fraction of it. The estimate fits an Arps decline curve to the production BUG OFF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUG OFF is an estimate of value, not an offer and not an appraisal.
- How much income does BUG OFF generate in a year?
- BUG OFF is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUG OFF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Big Mineral Creek (Viola) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 32325 |
| Wellbores | 1 |
| Reported production | 181,611 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $335K |
Where BUG OFF 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.