JANICE 99
JANICE 99 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 290,916 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 $993K, with roughly $190K 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 300 barrels a month, about 150 per wellbore. Its strongest month on the record we hold was July 2025, at 977 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 JANICE 99
- Who operates JANICE 99?
- JANICE 99 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is JANICE 99?
- JANICE 99 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08153.
- Is JANICE 99 still producing?
- JANICE 99 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JANICE 99 is August 2026.
- How much has JANICE 99 produced?
- JANICE 99 has reported 290,916 barrels of oil (bbl) to the Railroad Commission of Texas between April 2010 and August 2026, from 2 wellbores.
- How much is JANICE 99 worth?
- The remaining production from JANICE 99 is estimated to be worth about $993K in total as of 27 August 2026, within a range of $774K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JANICE 99 is a fraction of it. The estimate fits an Arps decline curve to the production JANICE 99 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JANICE 99 is an estimate of value, not an offer and not an appraisal.
- How much income does JANICE 99 generate in a year?
- JANICE 99 is forecast to net about $190K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JANICE 99 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08153 |
| Wellbores | 2 |
| Reported production | 290,916 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $993K |
Where JANICE 99 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.