SYRING, R. J.
SYRING, R. J. is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Jones, Edwin M. Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 323,454 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 $823K, with roughly $316K 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 557 barrels a month, about 278 per wellbore. Its strongest month on the record we hold was April 2023, at 2,102 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SYRING, R. J.
- Who operates SYRING, R. J.?
- SYRING, R. J. is operated by Jones, Edwin M. Oil Co., Railroad Commission of Texas operator number 441320.
- Where is SYRING, R. J.?
- SYRING, R. J. is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 06981.
- Is SYRING, R. J. still producing?
- SYRING, R. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SYRING, R. J. is August 2026.
- How much has SYRING, R. J. produced?
- SYRING, R. J. has reported 323,454 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SYRING, R. J. worth?
- The remaining production from SYRING, R. J. is estimated to be worth about $823K in total as of 27 August 2026, within a range of $642K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SYRING, R. J. is a fraction of it. The estimate fits an Arps decline curve to the production SYRING, R. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SYRING, R. J. is an estimate of value, not an offer and not an appraisal.
- How much income does SYRING, R. J. generate in a year?
- SYRING, R. J. is forecast to net about $316K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SYRING, R. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones, Edwin M. Oil Co. |
|---|---|
| Field | Kenedy (Wilcox 5770) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 06981 |
| Wellbores | 2 |
| Reported production | 323,454 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $823K |
Where SYRING, R. J. 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.