JANICE
JANICE is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Exl Petroleum, LP. It has 20 wellbores on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 639,359 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 $1.9M, with roughly $459K 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 595 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was December 2016, at 1,800 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 JANICE
- Who operates JANICE?
- JANICE is operated by Exl Petroleum, LP, Railroad Commission of Texas operator number 256791.
- Where is JANICE?
- JANICE is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38725.
- Is JANICE still producing?
- JANICE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JANICE is August 2026.
- How much has JANICE produced?
- JANICE has reported 639,359 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 20 wellbores.
- How much is JANICE worth?
- The remaining production from JANICE is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JANICE is a fraction of it. The estimate fits an Arps decline curve to the production JANICE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JANICE is an estimate of value, not an offer and not an appraisal.
- How much income does JANICE generate in a year?
- JANICE is forecast to net about $459K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JANICE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exl Petroleum, LP |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 38725 |
| Wellbores | 20 |
| Reported production | 639,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where JANICE 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.