RHODES, J. E.
RHODES, J. E. is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Harmony Drilling Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,764 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 $5K, with roughly $879 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 6 barrels a month. Its strongest month on the record we hold was January 2025, at 58 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RHODES, J. E.
- Who operates RHODES, J. E.?
- RHODES, J. E. is operated by Harmony Drilling Company, Inc., Railroad Commission of Texas operator number 357504.
- Where is RHODES, J. E.?
- RHODES, J. E. is a Texas oil lease in Medina County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03768.
- Is RHODES, J. E. still producing?
- RHODES, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHODES, J. E. is August 2026.
- How much has RHODES, J. E. produced?
- RHODES, J. E. has reported 4,764 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RHODES, J. E. worth?
- The remaining production from RHODES, J. E. is estimated to be worth about $5K in total as of 26 August 2026, within a range of $0 to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHODES, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production RHODES, J. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHODES, J. E. is an estimate of value, not an offer and not an appraisal.
- How much income does RHODES, J. E. generate in a year?
- RHODES, J. E. is forecast to net about $879 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RHODES, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harmony Drilling Company, Inc. |
|---|---|
| Field | Taylor-Ina |
| County | Medina County, Texas |
| RRC district | 01 |
| Lease number | 03768 |
| Wellbores | 1 |
| Reported production | 4,764 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where RHODES, J. 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.