TRAIN, J. L. "A"
TRAIN, J. L. "A" is a Texas oil lease in Mitchell County, Railroad Commission district 8A, operated by Russell, Phillip. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 171,520 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 $767K, with roughly $221K 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 345 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was December 2018, at 812 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 TRAIN, J. L. "A"
- Who operates TRAIN, J. L. "A"?
- TRAIN, J. L. "A" is operated by Russell, Phillip, Railroad Commission of Texas operator number 737100.
- Where is TRAIN, J. L. "A"?
- TRAIN, J. L. "A" is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 05786.
- Is TRAIN, J. L. "A" still producing?
- TRAIN, J. L. "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRAIN, J. L. "A" is August 2026.
- How much has TRAIN, J. L. "A" produced?
- TRAIN, J. L. "A" has reported 171,520 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is TRAIN, J. L. "A" worth?
- The remaining production from TRAIN, J. L. "A" is estimated to be worth about $767K in total as of 27 August 2026, within a range of $598K to $935K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRAIN, J. L. "A" is a fraction of it. The estimate fits an Arps decline curve to the production TRAIN, J. L. "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRAIN, J. L. "A" is an estimate of value, not an offer and not an appraisal.
- How much income does TRAIN, J. L. "A" generate in a year?
- TRAIN, J. L. "A" is forecast to net about $221K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRAIN, J. L. "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell, Phillip |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Mitchell County, Texas |
| RRC district | 8A |
| Lease number | 05786 |
| Wellbores | 15 |
| Reported production | 171,520 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $767K |
Where TRAIN, J. L. "A" 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.