STATE BUBBLIN' CRUDE 0807B-143
STATE BUBBLIN' CRUDE 0807B-143 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 672,988 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 $7.6M, with roughly $2.1M 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 3,129 barrels a month, about 1,564 per wellbore. Its strongest month on the record we hold was April 2019, at 27,957 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STATE BUBBLIN' CRUDE 0807B-143
- Who operates STATE BUBBLIN' CRUDE 0807B-143?
- STATE BUBBLIN' CRUDE 0807B-143 is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is STATE BUBBLIN' CRUDE 0807B-143?
- STATE BUBBLIN' CRUDE 0807B-143 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51196.
- Is STATE BUBBLIN' CRUDE 0807B-143 still producing?
- STATE BUBBLIN' CRUDE 0807B-143 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE BUBBLIN' CRUDE 0807B-143 is August 2026.
- How much has STATE BUBBLIN' CRUDE 0807B-143 produced?
- STATE BUBBLIN' CRUDE 0807B-143 has reported 672,988 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 2 wellbores.
- How much is STATE BUBBLIN' CRUDE 0807B-143 worth?
- The remaining production from STATE BUBBLIN' CRUDE 0807B-143 is estimated to be worth about $7.6M in total as of 27 August 2026, within a range of $6.3M to $8.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BUBBLIN' CRUDE 0807B-143 is a fraction of it. The estimate fits an Arps decline curve to the production STATE BUBBLIN' CRUDE 0807B-143 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BUBBLIN' CRUDE 0807B-143 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BUBBLIN' CRUDE 0807B-143 generate in a year?
- STATE BUBBLIN' CRUDE 0807B-143 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE BUBBLIN' CRUDE 0807B-143 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jagged Peak Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 51196 |
| Wellbores | 2 |
| Reported production | 672,988 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.6M |
Where STATE BUBBLIN' CRUDE 0807B-143 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.