PALMER, J. H.
PALMER, J. H. is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Mon Corp. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 211,450 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 $1.7M, with roughly $374K 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 540 barrels a month, about 68 per wellbore. Its strongest month on the record we hold was January 2021, at 1,126 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 PALMER, J. H.
- Who operates PALMER, J. H.?
- PALMER, J. H. is operated by Mon Corp., Railroad Commission of Texas operator number 574328.
- Where is PALMER, J. H.?
- PALMER, J. H. is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00333.
- Is PALMER, J. H. still producing?
- PALMER, J. H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALMER, J. H. is August 2026.
- How much has PALMER, J. H. produced?
- PALMER, J. H. has reported 211,450 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is PALMER, J. H. worth?
- The remaining production from PALMER, J. H. is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALMER, J. H. is a fraction of it. The estimate fits an Arps decline curve to the production PALMER, J. H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALMER, J. H. is an estimate of value, not an offer and not an appraisal.
- How much income does PALMER, J. H. generate in a year?
- PALMER, J. H. is forecast to net about $374K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALMER, J. H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mon Corp. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00333 |
| Wellbores | 8 |
| Reported production | 211,450 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where PALMER, J. H. 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.