OWENS, JEFF

OWENS, JEFF is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Mccurdy Oil Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 273,515 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 $298K, with roughly $100K 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 258 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was July 2019, at 1,228 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 OWENS, JEFF

Who operates OWENS, JEFF?
OWENS, JEFF is operated by Mccurdy Oil Co., Railroad Commission of Texas operator number 544345.
Where is OWENS, JEFF?
OWENS, JEFF is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00331.
Is OWENS, JEFF still producing?
OWENS, JEFF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS, JEFF is August 2026.
How much has OWENS, JEFF produced?
OWENS, JEFF has reported 273,515 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
How much is OWENS, JEFF worth?
The remaining production from OWENS, JEFF is estimated to be worth about $298K in total as of 27 August 2026, within a range of $232K to $363K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS, JEFF is a fraction of it. The estimate fits an Arps decline curve to the production OWENS, JEFF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS, JEFF is an estimate of value, not an offer and not an appraisal.
How much income does OWENS, JEFF generate in a year?
OWENS, JEFF is forecast to net about $100K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OWENS, JEFF receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

OWENS, JEFF as filed with the Railroad Commission of Texas
OperatorMccurdy Oil Co.
FieldClara Couch
CountyCrockett County, Texas
RRC district7C
Lease number00331
Wellbores14
Reported production273,515 bbl
First reported
Last reported
Estimated royalty value$298K

Where OWENS, JEFF 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.