JBGS
JBGS is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 112,268 barrels. The lease is shut in. 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 $7K, with roughly $1K 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 1 barrels a month. Its strongest month on the record we hold was May 2016, at 467 barrels.
Key facts about JBGS
- Who operates JBGS?
- JBGS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is JBGS?
- JBGS is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15348.
- Is JBGS still producing?
- JBGS is shut in. The most recent month of production reported to the Railroad Commission of Texas for JBGS is August 2026.
- How much has JBGS produced?
- JBGS has reported 112,268 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is JBGS worth?
- The remaining production from JBGS is estimated to be worth about $7K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JBGS is a fraction of it. The estimate fits an Arps decline curve to the production JBGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JBGS is an estimate of value, not an offer and not an appraisal.
- How much income does JBGS generate in a year?
- JBGS is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JBGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15348 |
| Wellbores | 1 |
| Reported production | 112,268 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where JBGS 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.