JONES, PERCY
JONES, PERCY is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Coastal Oil & Gas Corporation. It has 39 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 441,102 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 $1.3M, with roughly $293K 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 402 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was November 2018, at 920 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 JONES, PERCY
- Who operates JONES, PERCY?
- JONES, PERCY is operated by Coastal Oil & Gas Corporation, Railroad Commission of Texas operator number 161639.
- Where is JONES, PERCY?
- JONES, PERCY is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02867.
- Is JONES, PERCY still producing?
- JONES, PERCY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES, PERCY is August 2026.
- How much has JONES, PERCY produced?
- JONES, PERCY has reported 441,102 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 39 wellbores.
- How much is JONES, PERCY worth?
- The remaining production from JONES, PERCY is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES, PERCY is a fraction of it. The estimate fits an Arps decline curve to the production JONES, PERCY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES, PERCY is an estimate of value, not an offer and not an appraisal.
- How much income does JONES, PERCY generate in a year?
- JONES, PERCY is forecast to net about $293K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES, PERCY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coastal Oil & Gas Corporation |
|---|---|
| Field | Iatan, East Howard |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 02867 |
| Wellbores | 39 |
| Reported production | 441,102 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where JONES, PERCY 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.