HARVARD "B"
HARVARD "B" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by JM Cox Resources, L.P. It has 2 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 148,178 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 $706K, with roughly $165K 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 264 barrels a month, about 132 per wellbore. Its strongest month on the record we hold was August 2022, at 1,116 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HARVARD "B"
- Who operates HARVARD "B"?
- HARVARD "B" is operated by JM Cox Resources, L.P., Railroad Commission of Texas operator number 433075.
- Where is HARVARD "B"?
- HARVARD "B" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38846.
- Is HARVARD "B" still producing?
- HARVARD "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARVARD "B" is August 2026.
- How much has HARVARD "B" produced?
- HARVARD "B" has reported 148,178 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 2 wellbores.
- How much is HARVARD "B" worth?
- The remaining production from HARVARD "B" is estimated to be worth about $706K in total as of 26 August 2026, within a range of $550K to $861K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARVARD "B" is a fraction of it. The estimate fits an Arps decline curve to the production HARVARD "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARVARD "B" is an estimate of value, not an offer and not an appraisal.
- How much income does HARVARD "B" generate in a year?
- HARVARD "B" is forecast to net about $165K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARVARD "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | JM Cox Resources, L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38846 |
| Wellbores | 2 |
| Reported production | 148,178 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $706K |
Where HARVARD "B" 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.