CLEVELAND 108 UNIT
CLEVELAND 108 UNIT is a Texas gas 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 July 2013 to August 2026, totalling 514,524 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 $167K, with roughly $64K 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 810 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 7,509 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 CLEVELAND 108 UNIT
- Who operates CLEVELAND 108 UNIT?
- CLEVELAND 108 UNIT is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is CLEVELAND 108 UNIT?
- CLEVELAND 108 UNIT is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 274384.
- Is CLEVELAND 108 UNIT still producing?
- CLEVELAND 108 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND 108 UNIT is August 2026.
- How much has CLEVELAND 108 UNIT produced?
- CLEVELAND 108 UNIT has reported 514,524 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is CLEVELAND 108 UNIT worth?
- The remaining production from CLEVELAND 108 UNIT is estimated to be worth about $167K in total as of 27 August 2026, within a range of $130K to $204K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND 108 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND 108 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND 108 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVELAND 108 UNIT generate in a year?
- CLEVELAND 108 UNIT is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLEVELAND 108 UNIT 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 | 274384 |
| Wellbores | 1 |
| Reported production | 514,524 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where CLEVELAND 108 UNIT 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.