PERKINS, J. J., -B- SHALLOW

PERKINS, J. J., -B- SHALLOW is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Gage, H. L. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,784 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 $62K, with roughly $12K 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 19 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2019, at 60 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PERKINS, J. J., -B- SHALLOW

Who operates PERKINS, J. J., -B- SHALLOW?: PERKINS, J. J., -B- SHALLOW is operated by Gage, H. L., Railroad Commission of Texas operator number 292400.
Where is PERKINS, J. J., -B- SHALLOW?: PERKINS, J. J., -B- SHALLOW is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12539.
Is PERKINS, J. J., -B- SHALLOW still producing?: PERKINS, J. J., -B- SHALLOW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERKINS, J. J., -B- SHALLOW is August 2026.
How much has PERKINS, J. J., -B- SHALLOW produced?: PERKINS, J. J., -B- SHALLOW has reported 15,784 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
How much is PERKINS, J. J., -B- SHALLOW worth?: The remaining production from PERKINS, J. J., -B- SHALLOW is estimated to be worth about $62K in total as of 27 August 2026, within a range of $34K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS, J. J., -B- SHALLOW is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS, J. J., -B- SHALLOW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS, J. J., -B- SHALLOW is an estimate of value, not an offer and not an appraisal.
How much income does PERKINS, J. J., -B- SHALLOW generate in a year?: PERKINS, J. J., -B- SHALLOW is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS, J. J., -B- SHALLOW receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PERKINS, J. J., -B- SHALLOW as filed with the Railroad Commission of Texas
Operator	Gage, H. L.
Field	Archer County Regular
County	Archer County, Texas
RRC district	09
Lease number	12539
Wellbores	17
Reported production	15,784 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$62K

Where PERKINS, J. J., -B- SHALLOW sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.