PATTERSON -J-
PATTERSON -J- is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Costilla Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1997 to August 2026, totalling 193,725 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 $712K, with roughly $177K 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 232 barrels a month. Its strongest month on the record we hold was May 2020, at 545 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 PATTERSON -J-
- Who operates PATTERSON -J-?
- PATTERSON -J- is operated by Costilla Energy, Inc., Railroad Commission of Texas operator number 180543.
- Where is PATTERSON -J-?
- PATTERSON -J- is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23313.
- Is PATTERSON -J- still producing?
- PATTERSON -J- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATTERSON -J- is August 2026.
- How much has PATTERSON -J- produced?
- PATTERSON -J- has reported 193,725 barrels of oil (bbl) to the Railroad Commission of Texas between July 1997 and August 2026, from 1 wellbore.
- How much is PATTERSON -J- worth?
- The remaining production from PATTERSON -J- is estimated to be worth about $712K in total as of 26 August 2026, within a range of $555K to $869K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATTERSON -J- is a fraction of it. The estimate fits an Arps decline curve to the production PATTERSON -J- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATTERSON -J- is an estimate of value, not an offer and not an appraisal.
- How much income does PATTERSON -J- generate in a year?
- PATTERSON -J- is forecast to net about $177K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PATTERSON -J- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Costilla Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 23313 |
| Wellbores | 1 |
| Reported production | 193,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $712K |
Where PATTERSON -J- 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.