WHEAT 255
WHEAT 255 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, Llc. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 58,940 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 $14K, with roughly $2K expected over the next twelve months.
| Operator | Jones Energy, Llc |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 09028 |
| Wellbores | 1 |
| Reported production | 58,940 bbl |
| First reported | March 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $14K |
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.