JONES -C-
JONES -C- is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Plains Petroleum Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 392,478 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 $1.8M, with roughly $735K 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 1,420 barrels a month, about 710 per wellbore. Its strongest month on the record we hold was June 2022, at 2,907 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 JONES -C-
- Who operates JONES -C-?
- JONES -C- is operated by Plains Petroleum Operating Co., Railroad Commission of Texas operator number 667867.
- Where is JONES -C-?
- JONES -C- is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26302.
- Is JONES -C- still producing?
- JONES -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES -C- is August 2026.
- How much has JONES -C- produced?
- JONES -C- has reported 392,478 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JONES -C- worth?
- The remaining production from JONES -C- is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES -C- is a fraction of it. The estimate fits an Arps decline curve to the production JONES -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES -C- is an estimate of value, not an offer and not an appraisal.
- How much income does JONES -C- generate in a year?
- JONES -C- is forecast to net about $735K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Petroleum Operating Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 26302 |
| Wellbores | 2 |
| Reported production | 392,478 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where JONES -C- 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.