JUMBO
JUMBO is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 67,128 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 $2.8M, with roughly $1.1M 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 2,671 barrels a month. Its strongest month on the record we hold was January 2025, at 10,000 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JUMBO
- Who operates JUMBO?
- JUMBO is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is JUMBO?
- JUMBO is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32802.
- Is JUMBO still producing?
- JUMBO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUMBO is August 2026.
- How much has JUMBO produced?
- JUMBO has reported 67,128 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is JUMBO worth?
- The remaining production from JUMBO is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.4M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUMBO is a fraction of it. The estimate fits an Arps decline curve to the production JUMBO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUMBO is an estimate of value, not an offer and not an appraisal.
- How much income does JUMBO generate in a year?
- JUMBO is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JUMBO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Sylvester, East (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32802 |
| Wellbores | 1 |
| Reported production | 67,128 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where JUMBO 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.