JACK KNIFE
JACK KNIFE is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Wagner Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 76,903 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 $946K, with roughly $244K 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 357 barrels a month. Its strongest month on the record we hold was June 2016, at 1,753 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 JACK KNIFE
- Who operates JACK KNIFE?
- JACK KNIFE is operated by Wagner Oil Company, Railroad Commission of Texas operator number 891175.
- Where is JACK KNIFE?
- JACK KNIFE is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26853.
- Is JACK KNIFE still producing?
- JACK KNIFE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACK KNIFE is August 2026.
- How much has JACK KNIFE produced?
- JACK KNIFE has reported 76,903 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 1 wellbore.
- How much is JACK KNIFE worth?
- The remaining production from JACK KNIFE is estimated to be worth about $946K in total as of 26 August 2026, within a range of $738K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACK KNIFE is a fraction of it. The estimate fits an Arps decline curve to the production JACK KNIFE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACK KNIFE is an estimate of value, not an offer and not an appraisal.
- How much income does JACK KNIFE generate in a year?
- JACK KNIFE is forecast to net about $244K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACK KNIFE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner Oil Company |
|---|---|
| Field | Sour Lake (Ey-3) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 26853 |
| Wellbores | 1 |
| Reported production | 76,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $946K |
Where JACK KNIFE 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.