JONES "U"
JONES "U" is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 16,301 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $523 expected over the next twelve months.
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Feldman, S. E. (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 07393 |
| Wellbores | 1 |
| Reported production | 16,301 bbl |
| First reported | June 2001 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.