JACOBY
JACOBY is a Texas oil lease in Mcculloch County, Railroad Commission district 7C, operated by Geosurveys, Inc. It has 8 wellbores on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 226,978 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 $1.0M, with roughly $232K 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 352 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was July 2016, at 765 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 JACOBY
- Who operates JACOBY?
- JACOBY is operated by Geosurveys, Inc., Railroad Commission of Texas operator number 301322.
- Where is JACOBY?
- JACOBY is a Texas oil lease in Mcculloch County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14122.
- Is JACOBY still producing?
- JACOBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACOBY is August 2026.
- How much has JACOBY produced?
- JACOBY has reported 226,978 barrels of oil (bbl) to the Railroad Commission of Texas between November 1995 and August 2026, from 8 wellbores.
- How much is JACOBY worth?
- The remaining production from JACOBY is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $799K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACOBY is a fraction of it. The estimate fits an Arps decline curve to the production JACOBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACOBY is an estimate of value, not an offer and not an appraisal.
- How much income does JACOBY generate in a year?
- JACOBY is forecast to net about $232K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JACOBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosurveys, Inc. |
|---|---|
| Field | Needle Creek (Strawn) |
| County | Mcculloch County, Texas |
| RRC district | 7C |
| Lease number | 14122 |
| Wellbores | 8 |
| Reported production | 226,978 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where JACOBY 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.