KELLER, J. P.
KELLER, J. P. is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Martin, Tim. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,545 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 $104K, with roughly $20K 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 17 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was September 2016, at 83 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KELLER, J. P.
- Who operates KELLER, J. P.?
- KELLER, J. P. is operated by Martin, Tim, Railroad Commission of Texas operator number 530995.
- Where is KELLER, J. P.?
- KELLER, J. P. is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 03278.
- Is KELLER, J. P. still producing?
- KELLER, J. P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KELLER, J. P. is August 2026.
- How much has KELLER, J. P. produced?
- KELLER, J. P. has reported 10,545 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KELLER, J. P. worth?
- The remaining production from KELLER, J. P. is estimated to be worth about $104K in total as of 26 August 2026, within a range of $57K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KELLER, J. P. is a fraction of it. The estimate fits an Arps decline curve to the production KELLER, J. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KELLER, J. P. is an estimate of value, not an offer and not an appraisal.
- How much income does KELLER, J. P. generate in a year?
- KELLER, J. P. is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KELLER, J. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Martin, Tim |
|---|---|
| Field | Jack County Regular |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 03278 |
| Wellbores | 2 |
| Reported production | 10,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where KELLER, J. P. 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.