RP JONES TRUST 189
RP JONES TRUST 189 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 April 2013 to August 2026, totalling 459,529 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 $199K, 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 1,023 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,115 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 RP JONES TRUST 189
- Who operates RP JONES TRUST 189?
- RP JONES TRUST 189 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is RP JONES TRUST 189?
- RP JONES TRUST 189 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278033.
- Is RP JONES TRUST 189 still producing?
- RP JONES TRUST 189 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RP JONES TRUST 189 is August 2026.
- How much has RP JONES TRUST 189 produced?
- RP JONES TRUST 189 has reported 459,529 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is RP JONES TRUST 189 worth?
- The remaining production from RP JONES TRUST 189 is estimated to be worth about $199K in total as of 27 August 2026, within a range of $165K to $233K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RP JONES TRUST 189 is a fraction of it. The estimate fits an Arps decline curve to the production RP JONES TRUST 189 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RP JONES TRUST 189 is an estimate of value, not an offer and not an appraisal.
- How much income does RP JONES TRUST 189 generate in a year?
- RP JONES TRUST 189 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 RP JONES TRUST 189 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 | 278033 |
| Wellbores | 1 |
| Reported production | 459,529 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $199K |
Where RP JONES TRUST 189 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.