FLAT TOP STRAWN UNIT
FLAT TOP STRAWN UNIT is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by NBX Energy, LLC. It has 60 wellbores on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 103,211 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 $24.1M, with roughly $5.9M 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 8,425 barrels a month, about 140 per wellbore. Its strongest month on the record we hold was June 2025, at 9,310 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FLAT TOP STRAWN UNIT
- Who operates FLAT TOP STRAWN UNIT?
- FLAT TOP STRAWN UNIT is operated by NBX Energy, LLC, Railroad Commission of Texas operator number 601359.
- Where is FLAT TOP STRAWN UNIT?
- FLAT TOP STRAWN UNIT is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32821.
- Is FLAT TOP STRAWN UNIT still producing?
- FLAT TOP STRAWN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLAT TOP STRAWN UNIT is August 2026.
- How much has FLAT TOP STRAWN UNIT produced?
- FLAT TOP STRAWN UNIT has reported 103,211 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 60 wellbores.
- How much is FLAT TOP STRAWN UNIT worth?
- The remaining production from FLAT TOP STRAWN UNIT is estimated to be worth about $24.1M in total as of 27 August 2026, within a range of $20.0M to $28.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLAT TOP STRAWN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FLAT TOP STRAWN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLAT TOP STRAWN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FLAT TOP STRAWN UNIT generate in a year?
- FLAT TOP STRAWN UNIT is forecast to net about $5.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FLAT TOP STRAWN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | NBX Energy, LLC |
|---|---|
| Field | Flat Top JC (Strawn, Upper) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 32821 |
| Wellbores | 60 |
| Reported production | 103,211 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.1M |
Where FLAT TOP STRAWN 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.