LONG, J. J.
LONG, J. J. is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 52,949 thousand cubic feet. The lease is intermittent. 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 $16K, with roughly $2K 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 77 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 424 thousand cubic feet. 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 LONG, J. J.
- Who operates LONG, J. J.?
- LONG, J. J. is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is LONG, J. J.?
- LONG, J. J. is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 199317.
- Is LONG, J. J. still producing?
- LONG, J. J. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LONG, J. J. is August 2026.
- How much has LONG, J. J. produced?
- LONG, J. J. has reported 52,949 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is LONG, J. J. worth?
- The remaining production from LONG, J. J. is estimated to be worth about $16K in total as of 26 August 2026, within a range of $9K to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONG, J. J. is a fraction of it. The estimate fits an Arps decline curve to the production LONG, J. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONG, J. J. is an estimate of value, not an offer and not an appraisal.
- How much income does LONG, J. J. generate in a year?
- LONG, J. J. is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONG, J. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Wasoff (Conglomerate 5400) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 199317 |
| Wellbores | 1 |
| Reported production | 52,949 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where LONG, J. 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.