NIX 88
NIX 88 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 230,427 thousand cubic feet. 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 $13K, with roughly $10K 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 476 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 4,276 thousand cubic feet. 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 NIX 88
- Who operates NIX 88?
- NIX 88 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is NIX 88?
- NIX 88 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 281083.
- Is NIX 88 still producing?
- NIX 88 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIX 88 is August 2026.
- How much has NIX 88 produced?
- NIX 88 has reported 230,427 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is NIX 88 worth?
- The remaining production from NIX 88 is estimated to be worth about $13K in total as of 26 August 2026, within a range of $10K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIX 88 is a fraction of it. The estimate fits an Arps decline curve to the production NIX 88 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIX 88 is an estimate of value, not an offer and not an appraisal.
- How much income does NIX 88 generate in a year?
- NIX 88 is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIX 88 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 281083 |
| Wellbores | 1 |
| Reported production | 230,427 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where NIX 88 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.