JEA UNIT XV LAS

JEA UNIT XV LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 265,791 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 $506K, with roughly $176K 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 237 barrels a month. Its strongest month on the record we hold was January 2019, at 7,918 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 XV LAS

Who operates JEA UNIT XV LAS?
JEA UNIT XV LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is JEA UNIT XV LAS?
JEA UNIT XV LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16881.
Is JEA UNIT XV LAS still producing?
JEA UNIT XV LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEA UNIT XV LAS is August 2026.
How much has JEA UNIT XV LAS produced?
JEA UNIT XV LAS has reported 265,791 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
How much is JEA UNIT XV LAS worth?
The remaining production from JEA UNIT XV LAS is estimated to be worth about $506K in total as of 27 August 2026, within a range of $395K to $618K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEA UNIT XV LAS is a fraction of it. The estimate fits an Arps decline curve to the production JEA UNIT XV 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 XV LAS is an estimate of value, not an offer and not an appraisal.
How much income does JEA UNIT XV LAS generate in a year?
JEA UNIT XV LAS is forecast to net about $176K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JEA UNIT XV LAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JEA UNIT XV LAS as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number16881
Wellbores1
Reported production265,791 bbl
First reported
Last reported
Estimated royalty value$506K

Where JEA UNIT XV 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.