CLEVELAND 103
CLEVELAND 103 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 486,500 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 $125K, with roughly $26K 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 1,461 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 6,750 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CLEVELAND 103
- Who operates CLEVELAND 103?
- CLEVELAND 103 is operated by Jones Energy, Ltd., Railroad Commission of Texas operator number 441129.
- Where is CLEVELAND 103?
- CLEVELAND 103 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 258235.
- Is CLEVELAND 103 still producing?
- CLEVELAND 103 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND 103 is August 2026.
- How much has CLEVELAND 103 produced?
- CLEVELAND 103 has reported 486,500 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2010 and August 2026, from 1 wellbore.
- How much is CLEVELAND 103 worth?
- The remaining production from CLEVELAND 103 is estimated to be worth about $125K in total as of 27 August 2026, within a range of $104K to $146K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND 103 is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND 103 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND 103 is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVELAND 103 generate in a year?
- CLEVELAND 103 is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLEVELAND 103 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, Ltd. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 258235 |
| Wellbores | 1 |
| Reported production | 486,500 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $125K |
Where CLEVELAND 103 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.