JAPSON 2A
JAPSON 2A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2025 to August 2026, totalling 54,720 barrels. The lease is intermittent. 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 $41.3M, with roughly $9.2M 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 5,033 barrels a month. Its strongest month on the record we hold was March 2026, at 17,036 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 JAPSON 2A
- Who operates JAPSON 2A?
- JAPSON 2A is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is JAPSON 2A?
- JAPSON 2A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23335.
- Is JAPSON 2A still producing?
- JAPSON 2A is intermittent. The most recent month of production reported to the Railroad Commission of Texas for JAPSON 2A is August 2026.
- How much has JAPSON 2A produced?
- JAPSON 2A has reported 54,720 barrels of oil (bbl) to the Railroad Commission of Texas between September 2025 and August 2026, from 1 wellbore.
- How much is JAPSON 2A worth?
- The remaining production from JAPSON 2A is estimated to be worth about $41.3M in total as of 27 August 2026, within a range of $34.3M to $48.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAPSON 2A is a fraction of it. The estimate fits an Arps decline curve to the production JAPSON 2A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAPSON 2A is an estimate of value, not an offer and not an appraisal.
- How much income does JAPSON 2A generate in a year?
- JAPSON 2A is forecast to net about $9.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JAPSON 2A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 23335 |
| Wellbores | 1 |
| Reported production | 54,720 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41.3M |
Where JAPSON 2A 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.