JACK STATE B UNIT
JACK STATE B UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 747,010 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 $9.1M, with roughly $2.3M 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 3,248 barrels a month, about 1,624 per wellbore. Its strongest month on the record we hold was March 2019, at 52,079 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 JACK STATE B UNIT
- Who operates JACK STATE B UNIT?
- JACK STATE B UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is JACK STATE B UNIT?
- JACK STATE B UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51873.
- Is JACK STATE B UNIT still producing?
- JACK STATE B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACK STATE B UNIT is August 2026.
- How much has JACK STATE B UNIT produced?
- JACK STATE B UNIT has reported 747,010 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 2 wellbores.
- How much is JACK STATE B UNIT worth?
- The remaining production from JACK STATE B UNIT is estimated to be worth about $9.1M in total as of 26 August 2026, within a range of $7.6M to $10.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACK STATE B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JACK STATE B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACK STATE B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JACK STATE B UNIT generate in a year?
- JACK STATE B UNIT is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACK STATE B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51873 |
| Wellbores | 2 |
| Reported production | 747,010 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.1M |
Where JACK STATE B UNIT 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.