JULENA
JULENA is a Texas gas lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 391,167 thousand cubic feet. 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 $137K, with roughly $21K 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 963 thousand cubic feet a month. Its strongest month on the record we hold was October 2024, at 1,554 thousand cubic feet. 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 JULENA
- Who operates JULENA?
- JULENA is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is JULENA?
- JULENA is a Texas gas lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 180538.
- Is JULENA still producing?
- JULENA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JULENA is August 2026.
- How much has JULENA produced?
- JULENA has reported 391,167 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is JULENA worth?
- The remaining production from JULENA is estimated to be worth about $137K in total as of 26 August 2026, within a range of $107K to $167K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JULENA is a fraction of it. The estimate fits an Arps decline curve to the production JULENA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JULENA is an estimate of value, not an offer and not an appraisal.
- How much income does JULENA generate in a year?
- JULENA is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JULENA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Goldsmith, East (Queen) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 180538 |
| Wellbores | 1 |
| Reported production | 391,167 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $137K |
Where JULENA 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.