ROSS, JOE
ROSS, JOE is a Texas oil lease in Limestone County, Railroad Commission district 05, operated by Brown Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,406 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 $218K, with roughly $42K 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 55 barrels a month. Its strongest month on the record we hold was January 2019, at 103 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ROSS, JOE
- Who operates ROSS, JOE?
- ROSS, JOE is operated by Brown Oil & Gas Co., Railroad Commission of Texas operator number 101390.
- Where is ROSS, JOE?
- ROSS, JOE is a Texas oil lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 00947.
- Is ROSS, JOE still producing?
- ROSS, JOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROSS, JOE is August 2026.
- How much has ROSS, JOE produced?
- ROSS, JOE has reported 42,406 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ROSS, JOE worth?
- The remaining production from ROSS, JOE is estimated to be worth about $218K in total as of 26 August 2026, within a range of $120K to $316K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROSS, JOE is a fraction of it. The estimate fits an Arps decline curve to the production ROSS, JOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROSS, JOE is an estimate of value, not an offer and not an appraisal.
- How much income does ROSS, JOE generate in a year?
- ROSS, JOE is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROSS, JOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brown Oil & Gas Co. |
|---|---|
| Field | Mexia |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 00947 |
| Wellbores | 1 |
| Reported production | 42,406 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $218K |
Where ROSS, JOE 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.