JANET
JANET is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Cog Operating LLC. It has 11 wellbores on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 414,016 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 $1.2M, with roughly $261K 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 383 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was May 2016, at 1,614 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 JANET
- Who operates JANET?
- JANET is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is JANET?
- JANET is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40603.
- Is JANET still producing?
- JANET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JANET is August 2026.
- How much has JANET produced?
- JANET has reported 414,016 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 11 wellbores.
- How much is JANET worth?
- The remaining production from JANET is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $898K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JANET is a fraction of it. The estimate fits an Arps decline curve to the production JANET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JANET is an estimate of value, not an offer and not an appraisal.
- How much income does JANET generate in a year?
- JANET is forecast to net about $261K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JANET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 40603 |
| Wellbores | 11 |
| Reported production | 414,016 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where JANET 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.