BILLIE JEAN
BILLIE JEAN is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Union Pacific Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 173,252 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 $758K, with roughly $146K 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 203 barrels a month, about 68 per wellbore. Its strongest month on the record we hold was April 2017, at 784 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 BILLIE JEAN
- Who operates BILLIE JEAN?
- BILLIE JEAN is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is BILLIE JEAN?
- BILLIE JEAN is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27349.
- Is BILLIE JEAN still producing?
- BILLIE JEAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BILLIE JEAN is August 2026.
- How much has BILLIE JEAN produced?
- BILLIE JEAN has reported 173,252 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 3 wellbores.
- How much is BILLIE JEAN worth?
- The remaining production from BILLIE JEAN is estimated to be worth about $758K in total as of 27 August 2026, within a range of $591K to $925K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BILLIE JEAN is a fraction of it. The estimate fits an Arps decline curve to the production BILLIE JEAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BILLIE JEAN is an estimate of value, not an offer and not an appraisal.
- How much income does BILLIE JEAN generate in a year?
- BILLIE JEAN is forecast to net about $146K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BILLIE JEAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Burkes Reef (Ellenburger) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 27349 |
| Wellbores | 3 |
| Reported production | 173,252 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $758K |
Where BILLIE JEAN 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.