JOLLY
JOLLY is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Dyne Oil & Gas,Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,861 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 $4K, with roughly $754 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 1 barrels a month. Its strongest month on the record we hold was April 2017, at 90 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 JOLLY
- Who operates JOLLY?
- JOLLY is operated by Dyne Oil & Gas,Inc., Railroad Commission of Texas operator number 237938.
- Where is JOLLY?
- JOLLY is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00994.
- Is JOLLY still producing?
- JOLLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOLLY is August 2026.
- How much has JOLLY produced?
- JOLLY has reported 4,861 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is JOLLY worth?
- The remaining production from JOLLY is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOLLY is a fraction of it. The estimate fits an Arps decline curve to the production JOLLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOLLY is an estimate of value, not an offer and not an appraisal.
- How much income does JOLLY generate in a year?
- JOLLY is forecast to net about $754 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOLLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dyne Oil & Gas,Inc. |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 00994 |
| Wellbores | 3 |
| Reported production | 4,861 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where JOLLY 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.