JONES-LANG UNIT
JONES-LANG UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 527,264 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 $325K, with roughly $61K 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 73 barrels a month. Its strongest month on the record we hold was July 2016, at 727 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 JONES-LANG UNIT
- Who operates JONES-LANG UNIT?
- JONES-LANG UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is JONES-LANG UNIT?
- JONES-LANG UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21895.
- Is JONES-LANG UNIT still producing?
- JONES-LANG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES-LANG UNIT is August 2026.
- How much has JONES-LANG UNIT produced?
- JONES-LANG UNIT has reported 527,264 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JONES-LANG UNIT worth?
- The remaining production from JONES-LANG UNIT is estimated to be worth about $325K in total as of 26 August 2026, within a range of $179K to $471K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES-LANG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JONES-LANG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES-LANG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JONES-LANG UNIT generate in a year?
- JONES-LANG UNIT is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES-LANG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Kurten (Austin Chalk) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 21895 |
| Wellbores | 1 |
| Reported production | 527,264 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $325K |
Where JONES-LANG UNIT 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.