JCTL
JCTL is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Remnant Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 51,799 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 $375K, with roughly $64K 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 86 barrels a month. Its strongest month on the record we hold was May 2016, at 626 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JCTL
- Who operates JCTL?
- JCTL is operated by Remnant Energy, Inc., Railroad Commission of Texas operator number 701555.
- Where is JCTL?
- JCTL is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08784.
- Is JCTL still producing?
- JCTL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JCTL is August 2026.
- How much has JCTL produced?
- JCTL has reported 51,799 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is JCTL worth?
- The remaining production from JCTL is estimated to be worth about $375K in total as of 26 August 2026, within a range of $206K to $544K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JCTL is a fraction of it. The estimate fits an Arps decline curve to the production JCTL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JCTL is an estimate of value, not an offer and not an appraisal.
- How much income does JCTL generate in a year?
- JCTL is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JCTL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remnant Energy, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08784 |
| Wellbores | 1 |
| Reported production | 51,799 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $375K |
Where JCTL 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.