JETER
JETER is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Roberts & Hammack Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 37,680 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 $534K, with roughly $101K 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 132 barrels a month. Its strongest month on the record we hold was June 2018, at 280 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 JETER
- Who operates JETER?
- JETER is operated by Roberts & Hammack Inc., Railroad Commission of Texas operator number 718512.
- Where is JETER?
- JETER is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03877.
- Is JETER still producing?
- JETER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JETER is August 2026.
- How much has JETER produced?
- JETER has reported 37,680 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is JETER worth?
- The remaining production from JETER is estimated to be worth about $534K in total as of 26 August 2026, within a range of $416K to $651K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JETER is a fraction of it. The estimate fits an Arps decline curve to the production JETER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JETER is an estimate of value, not an offer and not an appraisal.
- How much income does JETER generate in a year?
- JETER is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JETER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Roberts & Hammack Inc. |
|---|---|
| Field | Red Oak (Dexter) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 03877 |
| Wellbores | 1 |
| Reported production | 37,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $534K |
Where JETER 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.