JUNE WEST B
JUNE WEST B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 680,823 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 $34.8M, with roughly $10.8M 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 17,725 barrels a month, about 5,908 per wellbore. Its strongest month on the record we hold was July 2024, at 47,530 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JUNE WEST B
- Who operates JUNE WEST B?
- JUNE WEST B is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is JUNE WEST B?
- JUNE WEST B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60942.
- Is JUNE WEST B still producing?
- JUNE WEST B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUNE WEST B is August 2026.
- How much has JUNE WEST B produced?
- JUNE WEST B has reported 680,823 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 3 wellbores.
- How much is JUNE WEST B worth?
- The remaining production from JUNE WEST B is estimated to be worth about $34.8M in total as of 27 August 2026, within a range of $28.6M to $41.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUNE WEST B is a fraction of it. The estimate fits an Arps decline curve to the production JUNE WEST B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUNE WEST B is an estimate of value, not an offer and not an appraisal.
- How much income does JUNE WEST B generate in a year?
- JUNE WEST B is forecast to net about $10.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JUNE WEST B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 60942 |
| Wellbores | 3 |
| Reported production | 680,823 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $34.8M |
Where JUNE WEST 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.