CLEVELAND 106
CLEVELAND 106 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 76,530 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 $710K, with roughly $121K 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 125 barrels a month. Its strongest month on the record we hold was July 2016, at 817 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 CLEVELAND 106
- Who operates CLEVELAND 106?
- CLEVELAND 106 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is CLEVELAND 106?
- CLEVELAND 106 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08897.
- Is CLEVELAND 106 still producing?
- CLEVELAND 106 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND 106 is August 2026.
- How much has CLEVELAND 106 produced?
- CLEVELAND 106 has reported 76,530 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is CLEVELAND 106 worth?
- The remaining production from CLEVELAND 106 is estimated to be worth about $710K in total as of 27 August 2026, within a range of $554K to $866K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND 106 is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND 106 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND 106 is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVELAND 106 generate in a year?
- CLEVELAND 106 is forecast to net about $121K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLEVELAND 106 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08897 |
| Wellbores | 1 |
| Reported production | 76,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $710K |
Where CLEVELAND 106 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.