OWEN, JAMES E.
OWEN, JAMES E. is a Texas oil lease in Ellis County, Railroad Commission district 05, operated by Billingsley, Rickey. It has 28 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 4,687 barrels. The lease is intermittent. 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 $1K, with roughly $260 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 0 barrels a month. Its strongest month on the record we hold was May 2016, at 40 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 OWEN, JAMES E.
- Who operates OWEN, JAMES E.?
- OWEN, JAMES E. is operated by Billingsley, Rickey, Railroad Commission of Texas operator number 070878.
- Where is OWEN, JAMES E.?
- OWEN, JAMES E. is a Texas oil lease in Ellis County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03878.
- Is OWEN, JAMES E. still producing?
- OWEN, JAMES E. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for OWEN, JAMES E. is August 2026.
- How much has OWEN, JAMES E. produced?
- OWEN, JAMES E. has reported 4,687 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 28 wellbores.
- How much is OWEN, JAMES E. worth?
- The remaining production from OWEN, JAMES E. is estimated to be worth about $1K in total as of 26 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWEN, JAMES E. is a fraction of it. The estimate fits an Arps decline curve to the production OWEN, JAMES E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWEN, JAMES E. is an estimate of value, not an offer and not an appraisal.
- How much income does OWEN, JAMES E. generate in a year?
- OWEN, JAMES E. is forecast to net about $260 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWEN, JAMES E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Billingsley, Rickey |
|---|---|
| Field | Corsicana (Shallow) |
| County | Ellis County, Texas |
| RRC district | 05 |
| Lease number | 03878 |
| Wellbores | 28 |
| Reported production | 4,687 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where OWEN, JAMES E. 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.