HALEY JF M3

HALEY JF M3 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 179,196 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 $1.6M, with roughly $480K 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 840 barrels a month. Its strongest month on the record we hold was September 2019, at 16,187 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 HALEY JF M3

Who operates HALEY JF M3?
HALEY JF M3 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is HALEY JF M3?
HALEY JF M3 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53436.
Is HALEY JF M3 still producing?
HALEY JF M3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALEY JF M3 is August 2026.
How much has HALEY JF M3 produced?
HALEY JF M3 has reported 179,196 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
How much is HALEY JF M3 worth?
The remaining production from HALEY JF M3 is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALEY JF M3 is a fraction of it. The estimate fits an Arps decline curve to the production HALEY JF M3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALEY JF M3 is an estimate of value, not an offer and not an appraisal.
How much income does HALEY JF M3 generate in a year?
HALEY JF M3 is forecast to net about $480K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALEY JF M3 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HALEY JF M3 as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldParks (Consolidated)
CountyMidland County, Texas
RRC district08
Lease number53436
Wellbores1
Reported production179,196 bbl
First reported
Last reported
Estimated royalty value$1.6M

Where HALEY JF M3 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.