JONES RANCH
JONES RANCH is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Hallwood Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 186,094 barrels. The lease is intermittent. 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 $1.2M, with roughly $270K 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 401 barrels a month, about 201 per wellbore. Its strongest month on the record we hold was October 2025, at 660 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 JONES RANCH
- Who operates JONES RANCH?
- JONES RANCH is operated by Hallwood Energy Corporation, Railroad Commission of Texas operator number 347225.
- Where is JONES RANCH?
- JONES RANCH is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62638.
- Is JONES RANCH still producing?
- JONES RANCH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JONES RANCH is August 2026.
- How much has JONES RANCH produced?
- JONES RANCH has reported 186,094 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JONES RANCH worth?
- The remaining production from JONES RANCH is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $929K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES RANCH is a fraction of it. The estimate fits an Arps decline curve to the production JONES RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does JONES RANCH generate in a year?
- JONES RANCH is forecast to net about $270K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hallwood Energy Corporation |
|---|---|
| Field | Edmonson (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 62638 |
| Wellbores | 2 |
| Reported production | 186,094 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where JONES RANCH 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.