JONES BROS.
JONES BROS. is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 94,085 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 $1.1M, with roughly $198K 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 229 barrels a month. Its strongest month on the record we hold was May 2020, at 1,266 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 JONES BROS.
- Who operates JONES BROS.?
- JONES BROS. is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is JONES BROS.?
- JONES BROS. is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40897.
- Is JONES BROS. still producing?
- JONES BROS. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES BROS. is August 2026.
- How much has JONES BROS. produced?
- JONES BROS. has reported 94,085 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is JONES BROS. worth?
- The remaining production from JONES BROS. is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $884K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES BROS. is a fraction of it. The estimate fits an Arps decline curve to the production JONES BROS. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES BROS. is an estimate of value, not an offer and not an appraisal.
- How much income does JONES BROS. generate in a year?
- JONES BROS. is forecast to net about $198K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES BROS. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40897 |
| Wellbores | 1 |
| Reported production | 94,085 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where JONES BROS. 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.