JAY (CANYON LIME) UNIT
JAY (CANYON LIME) UNIT is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 364,641 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 $4.1M, with roughly $1.1M 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 1,532 barrels a month, about 153 per wellbore. Its strongest month on the record we hold was April 2023, at 2,754 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 JAY (CANYON LIME) UNIT
- Who operates JAY (CANYON LIME) UNIT?
- JAY (CANYON LIME) UNIT is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is JAY (CANYON LIME) UNIT?
- JAY (CANYON LIME) UNIT is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23260.
- Is JAY (CANYON LIME) UNIT still producing?
- JAY (CANYON LIME) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAY (CANYON LIME) UNIT is August 2026.
- How much has JAY (CANYON LIME) UNIT produced?
- JAY (CANYON LIME) UNIT has reported 364,641 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is JAY (CANYON LIME) UNIT worth?
- The remaining production from JAY (CANYON LIME) UNIT is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAY (CANYON LIME) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JAY (CANYON LIME) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAY (CANYON LIME) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JAY (CANYON LIME) UNIT generate in a year?
- JAY (CANYON LIME) UNIT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JAY (CANYON LIME) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Jay (Canyon Lime) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 23260 |
| Wellbores | 10 |
| Reported production | 364,641 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where JAY (CANYON LIME) 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.