JONES TRUST 21
JONES TRUST 21 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Upland Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 47,405 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 $735K, with roughly $116K 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 94 barrels a month. Its strongest month on the record we hold was June 2016, at 706 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JONES TRUST 21
- Who operates JONES TRUST 21?
- JONES TRUST 21 is operated by Upland Resources LLC, Railroad Commission of Texas operator number 878931.
- Where is JONES TRUST 21?
- JONES TRUST 21 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09238.
- Is JONES TRUST 21 still producing?
- JONES TRUST 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES TRUST 21 is August 2026.
- How much has JONES TRUST 21 produced?
- JONES TRUST 21 has reported 47,405 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is JONES TRUST 21 worth?
- The remaining production from JONES TRUST 21 is estimated to be worth about $735K in total as of 27 August 2026, within a range of $404K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES TRUST 21 is a fraction of it. The estimate fits an Arps decline curve to the production JONES TRUST 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES TRUST 21 is an estimate of value, not an offer and not an appraisal.
- How much income does JONES TRUST 21 generate in a year?
- JONES TRUST 21 is forecast to net about $116K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES TRUST 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upland Resources LLC |
|---|---|
| Field | Feldman (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 09238 |
| Wellbores | 1 |
| Reported production | 47,405 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $735K |
Where JONES TRUST 21 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.