JAMES
JAMES is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Walsh & Watts, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,507 barrels. The lease is shut in. 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 $3K, with roughly $628 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 0 barrels a month. Its strongest month on the record we hold was January 2018, at 42 barrels.
Key facts about JAMES
- Who operates JAMES?
- JAMES is operated by Walsh & Watts, Inc., Railroad Commission of Texas operator number 895060.
- Where is JAMES?
- JAMES is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 11438.
- Is JAMES still producing?
- JAMES is shut in. The most recent month of production reported to the Railroad Commission of Texas for JAMES is August 2026.
- How much has JAMES produced?
- JAMES has reported 31,507 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JAMES worth?
- The remaining production from JAMES is estimated to be worth about $3K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAMES is a fraction of it. The estimate fits an Arps decline curve to the production JAMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAMES is an estimate of value, not an offer and not an appraisal.
- How much income does JAMES generate in a year?
- JAMES is forecast to net about $628 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Walsh & Watts, Inc. |
|---|---|
| Field | Boomerang (Pennsylvanian Reef) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 11438 |
| Wellbores | 1 |
| Reported production | 31,507 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where JAMES 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.