JUNGMAN
JUNGMAN is a Texas oil lease in Knox County, Railroad Commission district 09, operated by Gunn Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 9,167 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 $142K, with roughly $27K 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 30 barrels a month. Its strongest month on the record we hold was November 2019, at 394 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 JUNGMAN
- Who operates JUNGMAN?
- JUNGMAN is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is JUNGMAN?
- JUNGMAN is a Texas oil lease in Knox County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33811.
- Is JUNGMAN still producing?
- JUNGMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUNGMAN is August 2026.
- How much has JUNGMAN produced?
- JUNGMAN has reported 9,167 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is JUNGMAN worth?
- The remaining production from JUNGMAN is estimated to be worth about $142K in total as of 27 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUNGMAN is a fraction of it. The estimate fits an Arps decline curve to the production JUNGMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUNGMAN is an estimate of value, not an offer and not an appraisal.
- How much income does JUNGMAN generate in a year?
- JUNGMAN is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JUNGMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Jarvis (Tannehill) |
| County | Knox County, Texas |
| RRC district | 09 |
| Lease number | 33811 |
| Wellbores | 1 |
| Reported production | 9,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where JUNGMAN 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.