FOJT
FOJT is a Texas oil lease in Burleson County, Railroad Commission district 05, operated by Pmo. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 194,103 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 $1.1M, with roughly $258K 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 333 barrels a month. Its strongest month on the record we hold was June 2016, at 3,062 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 FOJT
- Who operates FOJT?
- FOJT is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is FOJT?
- FOJT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04235.
- Is FOJT still producing?
- FOJT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOJT is August 2026.
- How much has FOJT produced?
- FOJT has reported 194,103 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is FOJT worth?
- The remaining production from FOJT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $834K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOJT is a fraction of it. The estimate fits an Arps decline curve to the production FOJT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOJT is an estimate of value, not an offer and not an appraisal.
- How much income does FOJT generate in a year?
- FOJT is forecast to net about $258K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOJT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 05 |
| Lease number | 04235 |
| Wellbores | 1 |
| Reported production | 194,103 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where FOJT 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.