TALON 306
TALON 306 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 October 2022 to August 2026, totalling 242,406 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 $9.9M, with roughly $2.4M 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 3,414 barrels a month. Its strongest month on the record we hold was November 2022, at 21,449 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 TALON 306
- Who operates TALON 306?
- TALON 306 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
- Where is TALON 306?
- TALON 306 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20885.
- Is TALON 306 still producing?
- TALON 306 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TALON 306 is August 2026.
- How much has TALON 306 produced?
- TALON 306 has reported 242,406 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is TALON 306 worth?
- The remaining production from TALON 306 is estimated to be worth about $9.9M in total as of 26 August 2026, within a range of $8.2M to $11.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TALON 306 is a fraction of it. The estimate fits an Arps decline curve to the production TALON 306 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TALON 306 is an estimate of value, not an offer and not an appraisal.
- How much income does TALON 306 generate in a year?
- TALON 306 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TALON 306 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Javelin Energy Partners MGMT LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 20885 |
| Wellbores | 1 |
| Reported production | 242,406 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.9M |
Where TALON 306 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.