JONES TRUST
JONES TRUST is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 567,579 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 $1.3M, with roughly $271K 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 3,112 thousand cubic feet a month. Its strongest month on the record we hold was February 2023, at 6,074 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 JONES TRUST
- Who operates JONES TRUST?
- JONES TRUST is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is JONES TRUST?
- JONES TRUST is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 276533.
- Is JONES TRUST still producing?
- JONES TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES TRUST is August 2026.
- How much has JONES TRUST produced?
- JONES TRUST has reported 567,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is JONES TRUST worth?
- The remaining production from JONES TRUST is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES TRUST is a fraction of it. The estimate fits an Arps decline curve to the production JONES TRUST 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 is an estimate of value, not an offer and not an appraisal.
- How much income does JONES TRUST generate in a year?
- JONES TRUST is forecast to net about $271K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JONES TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 276533 |
| Wellbores | 1 |
| Reported production | 567,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where JONES TRUST 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.