J.M. CARAWAY B (AW)
J.M. CARAWAY B (AW) is a Texas oil lease in Wise County, Railroad Commission district 09, operated by BKV Barnett, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 19,199 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 $3.3M, with roughly $449K 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 139 barrels a month. Its strongest month on the record we hold was November 2022, at 2,756 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 J.M. CARAWAY B (AW)
- Who operates J.M. CARAWAY B (AW)?
- J.M. CARAWAY B (AW) is operated by BKV Barnett, LLC, Railroad Commission of Texas operator number 072504.
- Where is J.M. CARAWAY B (AW)?
- J.M. CARAWAY B (AW) is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34188.
- Is J.M. CARAWAY B (AW) still producing?
- J.M. CARAWAY B (AW) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J.M. CARAWAY B (AW) is August 2026.
- How much has J.M. CARAWAY B (AW) produced?
- J.M. CARAWAY B (AW) has reported 19,199 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is J.M. CARAWAY B (AW) worth?
- The remaining production from J.M. CARAWAY B (AW) is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.6M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J.M. CARAWAY B (AW) is a fraction of it. The estimate fits an Arps decline curve to the production J.M. CARAWAY B (AW) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J.M. CARAWAY B (AW) is an estimate of value, not an offer and not an appraisal.
- How much income does J.M. CARAWAY B (AW) generate in a year?
- J.M. CARAWAY B (AW) is forecast to net about $449K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J.M. CARAWAY B (AW) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BKV Barnett, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 34188 |
| Wellbores | 1 |
| Reported production | 19,199 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where J.M. CARAWAY B (AW) 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.