CLEVELAND 159
CLEVELAND 159 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 September 2013 to August 2026, totalling 442,759 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 $173K, with roughly $54K 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 1,012 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,232 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 159
- Who operates CLEVELAND 159?
- CLEVELAND 159 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is CLEVELAND 159?
- CLEVELAND 159 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278034.
- Is CLEVELAND 159 still producing?
- CLEVELAND 159 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND 159 is August 2026.
- How much has CLEVELAND 159 produced?
- CLEVELAND 159 has reported 442,759 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is CLEVELAND 159 worth?
- The remaining production from CLEVELAND 159 is estimated to be worth about $173K in total as of 26 August 2026, within a range of $144K to $203K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND 159 is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND 159 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND 159 is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVELAND 159 generate in a year?
- CLEVELAND 159 is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEVELAND 159 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 | 278034 |
| Wellbores | 1 |
| Reported production | 442,759 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $173K |
Where CLEVELAND 159 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.