PRICE F
PRICE F is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by J V A Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 34,890 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 $450K, with roughly $85K 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 119 barrels a month. Its strongest month on the record we hold was February 2020, at 522 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 PRICE F
- Who operates PRICE F?
- PRICE F is operated by J V A Operating Company, Inc., Railroad Commission of Texas operator number 427911.
- Where is PRICE F?
- PRICE F is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31765.
- Is PRICE F still producing?
- PRICE F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRICE F is August 2026.
- How much has PRICE F produced?
- PRICE F has reported 34,890 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is PRICE F worth?
- The remaining production from PRICE F is estimated to be worth about $450K in total as of 27 August 2026, within a range of $351K to $549K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRICE F is a fraction of it. The estimate fits an Arps decline curve to the production PRICE F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRICE F is an estimate of value, not an offer and not an appraisal.
- How much income does PRICE F generate in a year?
- PRICE F is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRICE F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J V A Operating Company, Inc. |
|---|---|
| Field | JMM (Ellenburger) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 31765 |
| Wellbores | 1 |
| Reported production | 34,890 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $450K |
Where PRICE F 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.