JEA UNIT III LAS

JEA UNIT III LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 373,694 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 $793K, with roughly $277K 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 520 barrels a month, about 260 per wellbore. Its strongest month on the record we hold was November 2017, at 16,549 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 JEA UNIT III LAS

Who operates JEA UNIT III LAS?
JEA UNIT III LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is JEA UNIT III LAS?
JEA UNIT III LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17094.
Is JEA UNIT III LAS still producing?
JEA UNIT III LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEA UNIT III LAS is August 2026.
How much has JEA UNIT III LAS produced?
JEA UNIT III LAS has reported 373,694 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 2 wellbores.
How much is JEA UNIT III LAS worth?
The remaining production from JEA UNIT III LAS is estimated to be worth about $793K in total as of 27 August 2026, within a range of $618K to $967K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEA UNIT III LAS is a fraction of it. The estimate fits an Arps decline curve to the production JEA UNIT III LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JEA UNIT III LAS is an estimate of value, not an offer and not an appraisal.
How much income does JEA UNIT III LAS generate in a year?
JEA UNIT III LAS is forecast to net about $277K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JEA UNIT III LAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JEA UNIT III LAS as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number17094
Wellbores2
Reported production373,694 bbl
First reported
Last reported
Estimated royalty value$793K

Where JEA UNIT III LAS 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.