PACE-ROOF UNIT
PACE-ROOF UNIT is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Martin, John I. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 16,138 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 $19K 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 58 barrels a month. Its strongest month on the record we hold was August 2024, at 500 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 PACE-ROOF UNIT
- Who operates PACE-ROOF UNIT?
- PACE-ROOF UNIT is operated by Martin, John I., Railroad Commission of Texas operator number 530600.
- Where is PACE-ROOF UNIT?
- PACE-ROOF UNIT is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29778.
- Is PACE-ROOF UNIT still producing?
- PACE-ROOF UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PACE-ROOF UNIT is August 2026.
- How much has PACE-ROOF UNIT produced?
- PACE-ROOF UNIT has reported 16,138 barrels of oil (bbl) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is PACE-ROOF UNIT worth?
- The remaining production from PACE-ROOF UNIT is estimated to be worth about $104K in total as of 27 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 PACE-ROOF UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PACE-ROOF UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PACE-ROOF UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PACE-ROOF UNIT generate in a year?
- PACE-ROOF UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PACE-ROOF UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Martin, John I. |
|---|---|
| Field | Fern (Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 29778 |
| Wellbores | 1 |
| Reported production | 16,138 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where PACE-ROOF UNIT 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.