JOST, ELO
JOST, ELO is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,852 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 $446K, with roughly $59K 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 4 barrels a month. Its strongest month on the record we hold was May 2019, at 43 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 JOST, ELO
- Who operates JOST, ELO?
- JOST, ELO is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is JOST, ELO?
- JOST, ELO is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29427.
- Is JOST, ELO still producing?
- JOST, ELO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JOST, ELO is August 2026.
- How much has JOST, ELO produced?
- JOST, ELO has reported 20,852 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JOST, ELO worth?
- The remaining production from JOST, ELO is estimated to be worth about $446K in total as of 27 August 2026, within a range of $0 to $892K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOST, ELO is a fraction of it. The estimate fits an Arps decline curve to the production JOST, ELO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOST, ELO is an estimate of value, not an offer and not an appraisal.
- How much income does JOST, ELO generate in a year?
- JOST, ELO is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOST, ELO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Saint Lawrence (Strawn) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 29427 |
| Wellbores | 1 |
| Reported production | 20,852 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $446K |
Where JOST, ELO 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.