J & M UNIT
J & M UNIT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Jetta Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 146,657 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 $1.1M, with roughly $180K 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 165 barrels a month. Its strongest month on the record we hold was September 2016, at 859 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 J & M UNIT
- Who operates J & M UNIT?
- J & M UNIT is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is J & M UNIT?
- J & M UNIT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32381.
- Is J & M UNIT still producing?
- J & M UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J & M UNIT is August 2026.
- How much has J & M UNIT produced?
- J & M UNIT has reported 146,657 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is J & M UNIT worth?
- The remaining production from J & M UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $839K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J & M UNIT is a fraction of it. The estimate fits an Arps decline curve to the production J & M UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J & M UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does J & M UNIT generate in a year?
- J & M UNIT is forecast to net about $180K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in J & M UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Big Mineral Creek (Viola) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 32381 |
| Wellbores | 1 |
| Reported production | 146,657 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where J & M UNIT 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.