BLUEJACK 301

BLUEJACK 301 is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Javelin Energy Partners MGMT LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 208,115 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 $3.1M, with roughly $1.5M 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 2,736 barrels a month. Its strongest month on the record we hold was April 2023, at 16,525 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 BLUEJACK 301

Who operates BLUEJACK 301?
BLUEJACK 301 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
Where is BLUEJACK 301?
BLUEJACK 301 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20940.
Is BLUEJACK 301 still producing?
BLUEJACK 301 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLUEJACK 301 is August 2026.
How much has BLUEJACK 301 produced?
BLUEJACK 301 has reported 208,115 barrels of oil (bbl) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
How much is BLUEJACK 301 worth?
The remaining production from BLUEJACK 301 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLUEJACK 301 is a fraction of it. The estimate fits an Arps decline curve to the production BLUEJACK 301 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLUEJACK 301 is an estimate of value, not an offer and not an appraisal.
How much income does BLUEJACK 301 generate in a year?
BLUEJACK 301 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLUEJACK 301 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLUEJACK 301 as filed with the Railroad Commission of Texas
OperatorJavelin Energy Partners MGMT LLC
FieldBriscoe Ranch (Eagleford)
CountyFrio County, Texas
RRC district01
Lease number20940
Wellbores1
Reported production208,115 bbl
First reported
Last reported
Estimated royalty value$3.1M

Where BLUEJACK 301 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.