JENNEY

JENNEY is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Travelers Oil Company. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,406 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 $508K, with roughly $98K 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 134 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was April 2019, at 400 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 JENNEY

Who operates JENNEY?
JENNEY is operated by Travelers Oil Company, Railroad Commission of Texas operator number 865980.
Where is JENNEY?
JENNEY is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 03981.
Is JENNEY still producing?
JENNEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JENNEY is August 2026.
How much has JENNEY produced?
JENNEY has reported 68,406 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
How much is JENNEY worth?
The remaining production from JENNEY is estimated to be worth about $508K in total as of 26 August 2026, within a range of $396K to $620K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JENNEY is a fraction of it. The estimate fits an Arps decline curve to the production JENNEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JENNEY is an estimate of value, not an offer and not an appraisal.
How much income does JENNEY generate in a year?
JENNEY is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JENNEY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JENNEY as filed with the Railroad Commission of Texas
OperatorTravelers Oil Company
FieldPanhandle Gray County Field
CountyGray County, Texas
RRC district10
Lease number03981
Wellbores10
Reported production68,406 bbl
First reported
Last reported
Estimated royalty value$508K

Where JENNEY 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.