JERALD
JERALD is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Hadaway Consult And Engineer,LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 40,044 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 $762K, with roughly $123K 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 104 barrels a month. Its strongest month on the record we hold was June 2018, at 492 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 JERALD
- Who operates JERALD?
- JERALD is operated by Hadaway Consult And Engineer,LLC, Railroad Commission of Texas operator number 342392.
- Where is JERALD?
- JERALD is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09430.
- Is JERALD still producing?
- JERALD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JERALD is August 2026.
- How much has JERALD produced?
- JERALD has reported 40,044 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is JERALD worth?
- The remaining production from JERALD is estimated to be worth about $762K in total as of 26 August 2026, within a range of $594K to $929K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JERALD is a fraction of it. The estimate fits an Arps decline curve to the production JERALD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JERALD is an estimate of value, not an offer and not an appraisal.
- How much income does JERALD generate in a year?
- JERALD is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JERALD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hadaway Consult And Engineer,LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09430 |
| Wellbores | 1 |
| Reported production | 40,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $762K |
Where JERALD 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.