HESTER,L. J.
HESTER,L. J. is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Britton Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,295 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 $6K, with roughly $1K 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 January 2018, at 50 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 HESTER,L. J.
- Who operates HESTER,L. J.?
- HESTER,L. J. is operated by Britton Operating, Inc., Railroad Commission of Texas operator number 094640.
- Where is HESTER,L. J.?
- HESTER,L. J. is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24457.
- Is HESTER,L. J. still producing?
- HESTER,L. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HESTER,L. J. is August 2026.
- How much has HESTER,L. J. produced?
- HESTER,L. J. has reported 4,295 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HESTER,L. J. worth?
- The remaining production from HESTER,L. J. is estimated to be worth about $6K in total as of 26 August 2026, within a range of $0 to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HESTER,L. J. is a fraction of it. The estimate fits an Arps decline curve to the production HESTER,L. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HESTER,L. J. is an estimate of value, not an offer and not an appraisal.
- How much income does HESTER,L. J. generate in a year?
- HESTER,L. J. is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HESTER,L. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Britton Operating, Inc. |
|---|---|
| Field | Jack County Regular |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 24457 |
| Wellbores | 1 |
| Reported production | 4,295 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where HESTER,L. J. 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.