JONES, RUTH
JONES, RUTH is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Oil Management Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 91,019 thousand cubic feet. 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 $43K, with roughly $6K 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 161 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 782 thousand cubic feet. 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 JONES, RUTH
- Who operates JONES, RUTH?
- JONES, RUTH is operated by Oil Management Corporation, Railroad Commission of Texas operator number 620480.
- Where is JONES, RUTH?
- JONES, RUTH is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 070205.
- Is JONES, RUTH still producing?
- JONES, RUTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES, RUTH is August 2026.
- How much has JONES, RUTH produced?
- JONES, RUTH has reported 91,019 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JONES, RUTH worth?
- The remaining production from JONES, RUTH is estimated to be worth about $43K in total as of 26 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES, RUTH is a fraction of it. The estimate fits an Arps decline curve to the production JONES, RUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES, RUTH is an estimate of value, not an offer and not an appraisal.
- How much income does JONES, RUTH generate in a year?
- JONES, RUTH is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES, RUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oil Management Corporation |
|---|---|
| Field | Red Oak (Sub-Clarksville) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 070205 |
| Wellbores | 1 |
| Reported production | 91,019 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where JONES, RUTH 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.