LUBY J. P.
LUBY J. P. is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Texaco E & P Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 74,526 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 $654K, with roughly $126K 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 184 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was December 2017, at 350 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 LUBY J. P.
- Who operates LUBY J. P.?
- LUBY J. P. is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is LUBY J. P.?
- LUBY J. P. is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 09841.
- Is LUBY J. P. still producing?
- LUBY J. P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUBY J. P. is August 2026.
- How much has LUBY J. P. produced?
- LUBY J. P. has reported 74,526 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LUBY J. P. worth?
- The remaining production from LUBY J. P. is estimated to be worth about $654K in total as of 27 August 2026, within a range of $510K to $798K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUBY J. P. is a fraction of it. The estimate fits an Arps decline curve to the production LUBY J. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUBY J. P. is an estimate of value, not an offer and not an appraisal.
- How much income does LUBY J. P. generate in a year?
- LUBY J. P. is forecast to net about $126K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LUBY J. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Luby (C-3) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 09841 |
| Wellbores | 2 |
| Reported production | 74,526 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $654K |
Where LUBY J. P. 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.