MILDRED JONES
MILDRED JONES is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Finley Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 24,820 barrels. The lease is shut in. 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 $36K, with roughly $7K 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 5 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was July 2016, at 599 barrels.
Key facts about MILDRED JONES
- Who operates MILDRED JONES?
- MILDRED JONES is operated by Finley Resources, Inc., Railroad Commission of Texas operator number 268602.
- Where is MILDRED JONES?
- MILDRED JONES is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46321.
- Is MILDRED JONES still producing?
- MILDRED JONES is shut in. The most recent month of production reported to the Railroad Commission of Texas for MILDRED JONES is August 2026.
- How much has MILDRED JONES produced?
- MILDRED JONES has reported 24,820 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 2 wellbores.
- How much is MILDRED JONES worth?
- The remaining production from MILDRED JONES is estimated to be worth about $36K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILDRED JONES is a fraction of it. The estimate fits an Arps decline curve to the production MILDRED JONES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILDRED JONES is an estimate of value, not an offer and not an appraisal.
- How much income does MILDRED JONES generate in a year?
- MILDRED JONES is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILDRED JONES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Finley Resources, Inc. |
|---|---|
| Field | Vealmoor |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 46321 |
| Wellbores | 2 |
| Reported production | 24,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where MILDRED JONES 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.