PERKINS
PERKINS is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Jet Oil Producers, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 9,795 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 $159K, with roughly $31K 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 41 barrels a month. Its strongest month on the record we hold was February 2025, at 145 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 PERKINS
- Who operates PERKINS?
- PERKINS is operated by Jet Oil Producers, Inc., Railroad Commission of Texas operator number 432118.
- Where is PERKINS?
- PERKINS is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25726.
- Is PERKINS still producing?
- PERKINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERKINS is August 2026.
- How much has PERKINS produced?
- PERKINS has reported 9,795 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 1 wellbore.
- How much is PERKINS worth?
- The remaining production from PERKINS is estimated to be worth about $159K in total as of 27 August 2026, within a range of $87K to $230K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS is an estimate of value, not an offer and not an appraisal.
- How much income does PERKINS generate in a year?
- PERKINS is forecast to net about $31K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jet Oil Producers, Inc. |
|---|---|
| Field | Morgans Creek |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 25726 |
| Wellbores | 1 |
| Reported production | 9,795 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where PERKINS 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.