JOG UNIT
JOG UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Murphy Expl. & Prod. Co. - USA. It has 18 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 5,890,324 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 $48.8M, with roughly $13.0M 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 20,194 barrels a month, about 1,122 per wellbore. Its strongest month on the record we hold was March 2021, at 296,062 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JOG UNIT
- Who operates JOG UNIT?
- JOG UNIT is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is JOG UNIT?
- JOG UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09616.
- Is JOG UNIT still producing?
- JOG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOG UNIT is August 2026.
- How much has JOG UNIT produced?
- JOG UNIT has reported 5,890,324 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 18 wellbores.
- How much is JOG UNIT worth?
- The remaining production from JOG UNIT is estimated to be worth about $48.8M in total as of 26 August 2026, within a range of $40.0M to $57.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JOG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JOG UNIT generate in a year?
- JOG UNIT is forecast to net about $13.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09616 |
| Wellbores | 18 |
| Reported production | 5,890,324 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $48.8M |
Where JOG 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.