JENSEN
JENSEN is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 27,681 barrels. The lease is intermittent. 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 $26K, with roughly $3K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was February 2017, at 32 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 JENSEN
- Who operates JENSEN?
- JENSEN is operated by U. S. Operating, Inc., Railroad Commission of Texas operator number 875431.
- Where is JENSEN?
- JENSEN is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 20529.
- Is JENSEN still producing?
- JENSEN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JENSEN is August 2026.
- How much has JENSEN produced?
- JENSEN has reported 27,681 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JENSEN worth?
- The remaining production from JENSEN is estimated to be worth about $26K in total as of 27 August 2026, within a range of $0 to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JENSEN is a fraction of it. The estimate fits an Arps decline curve to the production JENSEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JENSEN is an estimate of value, not an offer and not an appraisal.
- How much income does JENSEN generate in a year?
- JENSEN is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JENSEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U. S. Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 20529 |
| Wellbores | 2 |
| Reported production | 27,681 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where JENSEN 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.