TUBB-STATE, J. B.
TUBB-STATE, J. B. is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Southland Royalty Company. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 498,832 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 $1.6M, with roughly $529K 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 752 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was July 2021, at 3,392 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 TUBB-STATE, J. B.
- Who operates TUBB-STATE, J. B.?
- TUBB-STATE, J. B. is operated by Southland Royalty Company, Railroad Commission of Texas operator number 805630.
- Where is TUBB-STATE, J. B.?
- TUBB-STATE, J. B. is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33368.
- Is TUBB-STATE, J. B. still producing?
- TUBB-STATE, J. B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TUBB-STATE, J. B. is August 2026.
- How much has TUBB-STATE, J. B. produced?
- TUBB-STATE, J. B. has reported 498,832 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is TUBB-STATE, J. B. worth?
- The remaining production from TUBB-STATE, J. B. is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TUBB-STATE, J. B. is a fraction of it. The estimate fits an Arps decline curve to the production TUBB-STATE, J. B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TUBB-STATE, J. B. is an estimate of value, not an offer and not an appraisal.
- How much income does TUBB-STATE, J. B. generate in a year?
- TUBB-STATE, J. B. is forecast to net about $529K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TUBB-STATE, J. B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southland Royalty Company |
|---|---|
| Field | Sand Hills (Judkins) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 33368 |
| Wellbores | 12 |
| Reported production | 498,832 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where TUBB-STATE, J. B. 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.