LEFT FIELD
LEFT FIELD is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Couch Oil & Gas, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 25,436 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 $198K, with roughly $38K 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 35 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was July 2016, at 610 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 LEFT FIELD
- Who operates LEFT FIELD?
- LEFT FIELD is operated by Couch Oil & Gas, Inc., Railroad Commission of Texas operator number 182165.
- Where is LEFT FIELD?
- LEFT FIELD is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30727.
- Is LEFT FIELD still producing?
- LEFT FIELD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEFT FIELD is August 2026.
- How much has LEFT FIELD produced?
- LEFT FIELD has reported 25,436 barrels of oil (bbl) to the Railroad Commission of Texas between January 2011 and August 2026, from 4 wellbores.
- How much is LEFT FIELD worth?
- The remaining production from LEFT FIELD is estimated to be worth about $198K in total as of 27 August 2026, within a range of $109K to $287K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEFT FIELD is a fraction of it. The estimate fits an Arps decline curve to the production LEFT FIELD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEFT FIELD is an estimate of value, not an offer and not an appraisal.
- How much income does LEFT FIELD generate in a year?
- LEFT FIELD is forecast to net about $38K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEFT FIELD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Couch Oil & Gas, Inc. |
|---|---|
| Field | Robinson-Keen (Flippen Lime) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 30727 |
| Wellbores | 4 |
| Reported production | 25,436 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $198K |
Where LEFT FIELD 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.