TALON 308
TALON 308 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 April 2023 to August 2026, totalling 195,133 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 $7.0M, with roughly $2.1M 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 5,308 barrels a month. Its strongest month on the record we hold was December 2023, at 15,147 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 308
- Who operates TALON 308?
- TALON 308 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
- Where is TALON 308?
- TALON 308 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21141.
- Is TALON 308 still producing?
- TALON 308 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TALON 308 is August 2026.
- How much has TALON 308 produced?
- TALON 308 has reported 195,133 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is TALON 308 worth?
- The remaining production from TALON 308 is estimated to be worth about $7.0M in total as of 26 August 2026, within a range of $5.8M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TALON 308 is a fraction of it. The estimate fits an Arps decline curve to the production TALON 308 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TALON 308 is an estimate of value, not an offer and not an appraisal.
- How much income does TALON 308 generate in a year?
- TALON 308 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TALON 308 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 | 21141 |
| Wellbores | 1 |
| Reported production | 195,133 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where TALON 308 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.