AMES
AMES is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Marcon Operating Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,903 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 $470K, with roughly $90K 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 117 barrels a month, about 59 per wellbore. Its strongest month on the record we hold was December 2023, at 190 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 AMES
- Who operates AMES?
- AMES is operated by Marcon Operating Company, Inc., Railroad Commission of Texas operator number 525765.
- Where is AMES?
- AMES is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 25188.
- Is AMES still producing?
- AMES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AMES is August 2026.
- How much has AMES produced?
- AMES has reported 31,903 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is AMES worth?
- The remaining production from AMES is estimated to be worth about $470K in total as of 26 August 2026, within a range of $366K to $573K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AMES is a fraction of it. The estimate fits an Arps decline curve to the production AMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AMES is an estimate of value, not an offer and not an appraisal.
- How much income does AMES generate in a year?
- AMES is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marcon Operating Company, Inc. |
|---|---|
| Field | Gresham (Strawn) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 25188 |
| Wellbores | 2 |
| Reported production | 31,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $470K |
Where AMES 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.