JACKSON, WM.

JACKSON, WM. is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Petco Petroleum Corp. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,015,826 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 $5.0M, with roughly $1.8M 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 3,046 barrels a month, about 338 per wellbore. Its strongest month on the record we hold was May 2018, at 6,949 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 JACKSON, WM.

Who operates JACKSON, WM.?
JACKSON, WM. is operated by Petco Petroleum Corp., Railroad Commission of Texas operator number 657835.
Where is JACKSON, WM.?
JACKSON, WM. is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00311.
Is JACKSON, WM. still producing?
JACKSON, WM. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACKSON, WM. is August 2026.
How much has JACKSON, WM. produced?
JACKSON, WM. has reported 1,015,826 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
How much is JACKSON, WM. worth?
The remaining production from JACKSON, WM. is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACKSON, WM. is a fraction of it. The estimate fits an Arps decline curve to the production JACKSON, WM. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACKSON, WM. is an estimate of value, not an offer and not an appraisal.
How much income does JACKSON, WM. generate in a year?
JACKSON, WM. is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACKSON, WM. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JACKSON, WM. as filed with the Railroad Commission of Texas
OperatorPetco Petroleum Corp.
FieldPanhandle Gray County Field
CountyGray County, Texas
RRC district10
Lease number00311
Wellbores9
Reported production1,015,826 bbl
First reported
Last reported
Estimated royalty value$5.0M

Where JACKSON, WM. 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.