WALES, JOSEY UNIT
WALES, JOSEY UNIT is a Texas gas lease in Jasper County, Railroad Commission district 03, operated by BBX Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 759,208 thousand cubic feet. 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 $362K, with roughly $93K 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 896 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 2,395 thousand cubic feet. 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 WALES, JOSEY UNIT
- Who operates WALES, JOSEY UNIT?
- WALES, JOSEY UNIT is operated by BBX Operating, L.L.C., Railroad Commission of Texas operator number 058908.
- Where is WALES, JOSEY UNIT?
- WALES, JOSEY UNIT is a Texas gas lease in Jasper County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 271268.
- Is WALES, JOSEY UNIT still producing?
- WALES, JOSEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALES, JOSEY UNIT is August 2026.
- How much has WALES, JOSEY UNIT produced?
- WALES, JOSEY UNIT has reported 759,208 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is WALES, JOSEY UNIT worth?
- The remaining production from WALES, JOSEY UNIT is estimated to be worth about $362K in total as of 27 August 2026, within a range of $283K to $442K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALES, JOSEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WALES, JOSEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALES, JOSEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WALES, JOSEY UNIT generate in a year?
- WALES, JOSEY UNIT is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALES, JOSEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BBX Operating, L.L.C. |
|---|---|
| Field | Magnolia Springs (Austin Chalk) |
| County | Jasper County, Texas |
| RRC district | 03 |
| Lease number | 271268 |
| Wellbores | 1 |
| Reported production | 759,208 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $362K |
Where WALES, JOSEY 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.