TALON 307

TALON 307 is a Texas gas 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 November 2023 to August 2026, totalling 197,809 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 $537K, with roughly $441K 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 2,401 thousand cubic feet a month. Its strongest month on the record we hold was December 2023, at 43,382 thousand cubic feet. 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 307

Who operates TALON 307?
TALON 307 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
Where is TALON 307?
TALON 307 is a Texas gas lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300224.
Is TALON 307 still producing?
TALON 307 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TALON 307 is August 2026.
How much has TALON 307 produced?
TALON 307 has reported 197,809 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
How much is TALON 307 worth?
The remaining production from TALON 307 is estimated to be worth about $537K in total as of 26 August 2026, within a range of $445K to $628K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TALON 307 is a fraction of it. The estimate fits an Arps decline curve to the production TALON 307 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TALON 307 is an estimate of value, not an offer and not an appraisal.
How much income does TALON 307 generate in a year?
TALON 307 is forecast to net about $441K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TALON 307 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TALON 307 as filed with the Railroad Commission of Texas
OperatorJavelin Energy Partners MGMT LLC
FieldBriscoe Ranch (Eagleford)
CountyFrio County, Texas
RRC district01
Lease number300224
Wellbores1
Reported production197,809 mcf
First reported
Last reported
Estimated royalty value$537K

Where TALON 307 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.