REASER
REASER is a Texas gas lease in Austin County, Railroad Commission district 03, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2003 to August 2026, totalling 4,193,389 thousand cubic feet. 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 $183K, with roughly $60K 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 3,123 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 8,333 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 REASER
- Who operates REASER?
- REASER is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is REASER?
- REASER is a Texas gas lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 192679.
- Is REASER still producing?
- REASER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REASER is August 2026.
- How much has REASER produced?
- REASER has reported 4,193,389 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2003 and August 2026, from 1 wellbore.
- How much is REASER worth?
- The remaining production from REASER is estimated to be worth about $183K in total as of 26 August 2026, within a range of $152K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REASER is a fraction of it. The estimate fits an Arps decline curve to the production REASER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REASER is an estimate of value, not an offer and not an appraisal.
- How much income does REASER generate in a year?
- REASER is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REASER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Rexville (Wilcox) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 192679 |
| Wellbores | 1 |
| Reported production | 4,193,389 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $183K |
Where REASER 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.