JANEY STATE 24
JANEY STATE 24 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA Inc. It has 8 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 322,237 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 $251K, with roughly $42K 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 96 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was June 2016, at 3,500 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 JANEY STATE 24
- Who operates JANEY STATE 24?
- JANEY STATE 24 is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is JANEY STATE 24?
- JANEY STATE 24 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42961.
- Is JANEY STATE 24 still producing?
- JANEY STATE 24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JANEY STATE 24 is August 2026.
- How much has JANEY STATE 24 produced?
- JANEY STATE 24 has reported 322,237 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 8 wellbores.
- How much is JANEY STATE 24 worth?
- The remaining production from JANEY STATE 24 is estimated to be worth about $251K in total as of 26 August 2026, within a range of $138K to $364K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JANEY STATE 24 is a fraction of it. The estimate fits an Arps decline curve to the production JANEY STATE 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JANEY STATE 24 is an estimate of value, not an offer and not an appraisal.
- How much income does JANEY STATE 24 generate in a year?
- JANEY STATE 24 is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JANEY STATE 24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42961 |
| Wellbores | 8 |
| Reported production | 322,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $251K |
Where JANEY STATE 24 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.