JONES, M. C.
JONES, M. C. is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 458,766 thousand cubic feet. 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 $9K, with roughly $1K 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 185 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 942 thousand cubic feet. 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 JONES, M. C.
- Who operates JONES, M. C.?
- JONES, M. C. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is JONES, M. C.?
- JONES, M. C. is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 166169.
- Is JONES, M. C. still producing?
- JONES, M. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES, M. C. is August 2026.
- How much has JONES, M. C. produced?
- JONES, M. C. has reported 458,766 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1997 and August 2026, from 1 wellbore.
- How much is JONES, M. C. worth?
- The remaining production from JONES, M. C. is estimated to be worth about $9K in total as of 27 August 2026, within a range of $7K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES, M. C. is a fraction of it. The estimate fits an Arps decline curve to the production JONES, M. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES, M. C. is an estimate of value, not an offer and not an appraisal.
- How much income does JONES, M. C. generate in a year?
- JONES, M. C. is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES, M. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Ellis Ranch (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 166169 |
| Wellbores | 1 |
| Reported production | 458,766 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where JONES, M. C. 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.