JET PILOT
JET PILOT is a Texas oil lease in Andrews County, Railroad Commission district 8A, operated by Diamond "M" Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 165,448 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 $270K, with roughly $153K 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 354 barrels a month. Its strongest month on the record we hold was February 2018, at 9,625 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 JET PILOT
- Who operates JET PILOT?
- JET PILOT is operated by Diamond "M" Production Company, Railroad Commission of Texas operator number 216866.
- Where is JET PILOT?
- JET PILOT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70688.
- Is JET PILOT still producing?
- JET PILOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JET PILOT is August 2026.
- How much has JET PILOT produced?
- JET PILOT has reported 165,448 barrels of oil (bbl) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is JET PILOT worth?
- The remaining production from JET PILOT is estimated to be worth about $270K in total as of 26 August 2026, within a range of $210K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JET PILOT is a fraction of it. The estimate fits an Arps decline curve to the production JET PILOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JET PILOT is an estimate of value, not an offer and not an appraisal.
- How much income does JET PILOT generate in a year?
- JET PILOT is forecast to net about $153K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JET PILOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamond "M" Production Company |
|---|---|
| Field | Diamond -M- (Clear Fork) |
| County | Andrews County, Texas |
| RRC district | 8A |
| Lease number | 70688 |
| Wellbores | 1 |
| Reported production | 165,448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where JET PILOT 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.