PRATER
PRATER is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Map Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 23,331 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 $340K, with roughly $65K 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 71 barrels a month. Its strongest month on the record we hold was January 2019, at 322 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 PRATER
- Who operates PRATER?
- PRATER is operated by Map Energy LLC, Railroad Commission of Texas operator number 525220.
- Where is PRATER?
- PRATER is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31440.
- Is PRATER still producing?
- PRATER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRATER is August 2026.
- How much has PRATER produced?
- PRATER has reported 23,331 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is PRATER worth?
- The remaining production from PRATER is estimated to be worth about $340K in total as of 27 August 2026, within a range of $187K to $493K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRATER is a fraction of it. The estimate fits an Arps decline curve to the production PRATER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRATER is an estimate of value, not an offer and not an appraisal.
- How much income does PRATER generate in a year?
- PRATER is forecast to net about $65K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRATER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Map Energy LLC |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 31440 |
| Wellbores | 1 |
| Reported production | 23,331 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $340K |
Where PRATER 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.