BIG JAY 10-15 E
BIG JAY 10-15 E is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 5 wellbores on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 1,082,809 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 $13.7M, with roughly $4.4M 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 7,416 barrels a month, about 1,483 per wellbore. Its strongest month on the record we hold was August 2021, at 98,948 barrels. 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 BIG JAY 10-15 E
- Who operates BIG JAY 10-15 E?
- BIG JAY 10-15 E is operated by Birch Operations, Inc., Railroad Commission of Texas operator number 071331.
- Where is BIG JAY 10-15 E?
- BIG JAY 10-15 E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56438.
- Is BIG JAY 10-15 E still producing?
- BIG JAY 10-15 E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG JAY 10-15 E is August 2026.
- How much has BIG JAY 10-15 E produced?
- BIG JAY 10-15 E has reported 1,082,809 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 5 wellbores.
- How much is BIG JAY 10-15 E worth?
- The remaining production from BIG JAY 10-15 E is estimated to be worth about $13.7M in total as of 26 August 2026, within a range of $11.4M to $16.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG JAY 10-15 E is a fraction of it. The estimate fits an Arps decline curve to the production BIG JAY 10-15 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG JAY 10-15 E is an estimate of value, not an offer and not an appraisal.
- How much income does BIG JAY 10-15 E generate in a year?
- BIG JAY 10-15 E is forecast to net about $4.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIG JAY 10-15 E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Birch Operations, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 56438 |
| Wellbores | 5 |
| Reported production | 1,082,809 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.7M |
Where BIG JAY 10-15 E 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.