JONES TRUST 343
JONES TRUST 343 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 198,599 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 $16K, with roughly $2K 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 91 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 2,863 thousand cubic feet. 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 JONES TRUST 343
- Who operates JONES TRUST 343?
- JONES TRUST 343 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is JONES TRUST 343?
- JONES TRUST 343 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 216312.
- Is JONES TRUST 343 still producing?
- JONES TRUST 343 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES TRUST 343 is August 2026.
- How much has JONES TRUST 343 produced?
- JONES TRUST 343 has reported 198,599 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2006 and August 2026, from 1 wellbore.
- How much is JONES TRUST 343 worth?
- The remaining production from JONES TRUST 343 is estimated to be worth about $16K in total as of 27 August 2026, within a range of $9K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES TRUST 343 is a fraction of it. The estimate fits an Arps decline curve to the production JONES TRUST 343 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES TRUST 343 is an estimate of value, not an offer and not an appraisal.
- How much income does JONES TRUST 343 generate in a year?
- JONES TRUST 343 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES TRUST 343 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 216312 |
| Wellbores | 1 |
| Reported production | 198,599 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where JONES TRUST 343 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.