PATTON-JARVIS
PATTON-JARVIS is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Machin & Associates, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 73,707 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 $764K, with roughly $147K 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 193 barrels a month. Its strongest month on the record we hold was March 2018, at 329 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 PATTON-JARVIS
- Who operates PATTON-JARVIS?
- PATTON-JARVIS is operated by Machin & Associates, Inc., Railroad Commission of Texas operator number 520328.
- Where is PATTON-JARVIS?
- PATTON-JARVIS is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14587.
- Is PATTON-JARVIS still producing?
- PATTON-JARVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATTON-JARVIS is August 2026.
- How much has PATTON-JARVIS produced?
- PATTON-JARVIS has reported 73,707 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is PATTON-JARVIS worth?
- The remaining production from PATTON-JARVIS is estimated to be worth about $764K in total as of 27 August 2026, within a range of $596K to $932K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATTON-JARVIS is a fraction of it. The estimate fits an Arps decline curve to the production PATTON-JARVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATTON-JARVIS is an estimate of value, not an offer and not an appraisal.
- How much income does PATTON-JARVIS generate in a year?
- PATTON-JARVIS is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PATTON-JARVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Machin & Associates, Inc. |
|---|---|
| Field | Danville (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 14587 |
| Wellbores | 1 |
| Reported production | 73,707 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $764K |
Where PATTON-JARVIS 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.