J. L. FERRELL OU
J. L. FERRELL OU is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by T W Clemons Operating Co., LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 12,545 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 $731K, with roughly $120K 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 133 barrels a month. Its strongest month on the record we hold was July 2022, at 561 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. L. FERRELL OU
- Who operates J. L. FERRELL OU?
- J. L. FERRELL OU is operated by T W Clemons Operating Co., LLC, Railroad Commission of Texas operator number 834248.
- Where is J. L. FERRELL OU?
- J. L. FERRELL OU is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15889.
- Is J. L. FERRELL OU still producing?
- J. L. FERRELL OU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. L. FERRELL OU is August 2026.
- How much has J. L. FERRELL OU produced?
- J. L. FERRELL OU has reported 12,545 barrels of oil (bbl) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is J. L. FERRELL OU worth?
- The remaining production from J. L. FERRELL OU is estimated to be worth about $731K in total as of 26 August 2026, within a range of $570K to $891K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. L. FERRELL OU is a fraction of it. The estimate fits an Arps decline curve to the production J. L. FERRELL OU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. L. FERRELL OU is an estimate of value, not an offer and not an appraisal.
- How much income does J. L. FERRELL OU generate in a year?
- J. L. FERRELL OU is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J. L. FERRELL OU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | T W Clemons Operating Co., LLC |
|---|---|
| Field | Woodlawn (Pettit 6500) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15889 |
| Wellbores | 1 |
| Reported production | 12,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $731K |
Where J. L. FERRELL OU 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.