JESTER
JESTER is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Texland Petroleum, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 5,302 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 $2.1M, with roughly $471K 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 776 barrels a month. Its strongest month on the record we hold was December 2025, at 1,416 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 JESTER
- Who operates JESTER?
- JESTER is operated by Texland Petroleum, L.P., Railroad Commission of Texas operator number 849735.
- Where is JESTER?
- JESTER is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71504.
- Is JESTER still producing?
- JESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JESTER is August 2026.
- How much has JESTER produced?
- JESTER has reported 5,302 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is JESTER worth?
- The remaining production from JESTER is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JESTER is a fraction of it. The estimate fits an Arps decline curve to the production JESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JESTER is an estimate of value, not an offer and not an appraisal.
- How much income does JESTER generate in a year?
- JESTER is forecast to net about $471K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland Petroleum, L.P. |
|---|---|
| Field | Hamilton (Clearfork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 71504 |
| Wellbores | 1 |
| Reported production | 5,302 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where JESTER 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.