PURSLEY, JOHN
PURSLEY, JOHN is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Bounty Production Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 178,192 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 $717K, with roughly $163K 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 259 barrels a month, about 129 per wellbore. Its strongest month on the record we hold was December 2019, at 532 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 PURSLEY, JOHN
- Who operates PURSLEY, JOHN?
- PURSLEY, JOHN is operated by Bounty Production Company, Railroad Commission of Texas operator number 083745.
- Where is PURSLEY, JOHN?
- PURSLEY, JOHN is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16488.
- Is PURSLEY, JOHN still producing?
- PURSLEY, JOHN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PURSLEY, JOHN is August 2026.
- How much has PURSLEY, JOHN produced?
- PURSLEY, JOHN has reported 178,192 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PURSLEY, JOHN worth?
- The remaining production from PURSLEY, JOHN is estimated to be worth about $717K in total as of 26 August 2026, within a range of $559K to $875K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PURSLEY, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production PURSLEY, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PURSLEY, JOHN is an estimate of value, not an offer and not an appraisal.
- How much income does PURSLEY, JOHN generate in a year?
- PURSLEY, JOHN is forecast to net about $163K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PURSLEY, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bounty Production Company |
|---|---|
| Field | Ambra (Strawn) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 16488 |
| Wellbores | 2 |
| Reported production | 178,192 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $717K |
Where PURSLEY, JOHN 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.