JO ANN
JO ANN is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Baxter, Kelly H. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,391 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 $103K, with roughly $20K 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 20 barrels a month. Its strongest month on the record we hold was October 2017, at 78 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 JO ANN
- Who operates JO ANN?
- JO ANN is operated by Baxter, Kelly H., Railroad Commission of Texas operator number 056555.
- Where is JO ANN?
- JO ANN is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21600.
- Is JO ANN still producing?
- JO ANN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JO ANN is August 2026.
- How much has JO ANN produced?
- JO ANN has reported 22,391 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JO ANN worth?
- The remaining production from JO ANN is estimated to be worth about $103K in total as of 26 August 2026, within a range of $57K to $150K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JO ANN is a fraction of it. The estimate fits an Arps decline curve to the production JO ANN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JO ANN is an estimate of value, not an offer and not an appraisal.
- How much income does JO ANN generate in a year?
- JO ANN is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JO ANN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Baxter, Kelly H. |
|---|---|
| Field | Lyles (Clear Fork) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 21600 |
| Wellbores | 1 |
| Reported production | 22,391 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $103K |
Where JO ANN 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.