MAY, JOHN W.
MAY, JOHN W. is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Jones, L. E. Production Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,810 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 $60K, 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was June 2017, at 69 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 MAY, JOHN W.
- Who operates MAY, JOHN W.?
- MAY, JOHN W. is operated by Jones, L. E. Production Co., Railroad Commission of Texas operator number 443125.
- Where is MAY, JOHN W.?
- MAY, JOHN W. is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23526.
- Is MAY, JOHN W. still producing?
- MAY, JOHN W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAY, JOHN W. is August 2026.
- How much has MAY, JOHN W. produced?
- MAY, JOHN W. has reported 48,810 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MAY, JOHN W. worth?
- The remaining production from MAY, JOHN W. is estimated to be worth about $60K in total as of 26 August 2026, within a range of $33K to $87K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAY, JOHN W. is a fraction of it. The estimate fits an Arps decline curve to the production MAY, JOHN W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAY, JOHN W. is an estimate of value, not an offer and not an appraisal.
- How much income does MAY, JOHN W. generate in a year?
- MAY, JOHN W. is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAY, JOHN W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones, L. E. Production Co. |
|---|---|
| Field | Horseshoe Bend, N. (Oil Creek) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 23526 |
| Wellbores | 2 |
| Reported production | 48,810 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where MAY, JOHN W. 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.