JONES BROTHERS
JONES BROTHERS is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Rodessa Management, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 105,928 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 $840K, with roughly $161K 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 180 barrels a month, about 90 per wellbore. Its strongest month on the record we hold was August 2020, at 746 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 JONES BROTHERS
- Who operates JONES BROTHERS?
- JONES BROTHERS is operated by Rodessa Management, Inc., Railroad Commission of Texas operator number 723604.
- Where is JONES BROTHERS?
- JONES BROTHERS is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 10848.
- Is JONES BROTHERS still producing?
- JONES BROTHERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES BROTHERS is August 2026.
- How much has JONES BROTHERS produced?
- JONES BROTHERS has reported 105,928 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is JONES BROTHERS worth?
- The remaining production from JONES BROTHERS is estimated to be worth about $840K in total as of 27 August 2026, within a range of $655K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES BROTHERS is a fraction of it. The estimate fits an Arps decline curve to the production JONES BROTHERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES BROTHERS is an estimate of value, not an offer and not an appraisal.
- How much income does JONES BROTHERS generate in a year?
- JONES BROTHERS is forecast to net about $161K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES BROTHERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rodessa Management, Inc. |
|---|---|
| Field | Itex (Pettet) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 10848 |
| Wellbores | 2 |
| Reported production | 105,928 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $840K |
Where JONES BROTHERS 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.