TIMMERMAN J3

TIMMERMAN J3 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 February 2020 to August 2026, totalling 325,236 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 $2.8M, with roughly $927K 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 940 barrels a month. Its strongest month on the record we hold was March 2020, at 26,344 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 TIMMERMAN J3

Who operates TIMMERMAN J3?
TIMMERMAN J3 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
Where is TIMMERMAN J3?
TIMMERMAN J3 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53836.
Is TIMMERMAN J3 still producing?
TIMMERMAN J3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIMMERMAN J3 is August 2026.
How much has TIMMERMAN J3 produced?
TIMMERMAN J3 has reported 325,236 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
How much is TIMMERMAN J3 worth?
The remaining production from TIMMERMAN J3 is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIMMERMAN J3 is a fraction of it. The estimate fits an Arps decline curve to the production TIMMERMAN J3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIMMERMAN J3 is an estimate of value, not an offer and not an appraisal.
How much income does TIMMERMAN J3 generate in a year?
TIMMERMAN J3 is forecast to net about $927K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIMMERMAN J3 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TIMMERMAN J3 as filed with the Railroad Commission of Texas
OperatorCog Operating LLC
FieldParks (Consolidated)
CountyMidland County, Texas
RRC district08
Lease number53836
Wellbores1
Reported production325,236 bbl
First reported
Last reported
Estimated royalty value$2.8M

Where TIMMERMAN J3 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.