LJ
LJ is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Cimarron Engineering, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 19,625 barrels. 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 $298K, with roughly $57K 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 78 barrels a month. Its strongest month on the record we hold was August 2020, at 921 barrels. 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 LJ
- Who operates LJ?
- LJ is operated by Cimarron Engineering, LLC, Railroad Commission of Texas operator number 153471.
- Where is LJ?
- LJ is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11842.
- Is LJ still producing?
- LJ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LJ is August 2026.
- How much has LJ produced?
- LJ has reported 19,625 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is LJ worth?
- The remaining production from LJ is estimated to be worth about $298K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LJ is a fraction of it. The estimate fits an Arps decline curve to the production LJ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LJ is an estimate of value, not an offer and not an appraisal.
- How much income does LJ generate in a year?
- LJ is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LJ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarron Engineering, LLC |
|---|---|
| Field | Jackson Ranch (Yegua 5400) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 11842 |
| Wellbores | 1 |
| Reported production | 19,625 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where LJ 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.