JESSE JAMES 5-4 WEST UNIT
JESSE JAMES 5-4 WEST UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 1,220,361 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 $31.3M, with roughly $9.6M 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 15,168 barrels a month, about 3,792 per wellbore. Its strongest month on the record we hold was May 2023, at 135,440 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JESSE JAMES 5-4 WEST UNIT
- Who operates JESSE JAMES 5-4 WEST UNIT?
- JESSE JAMES 5-4 WEST UNIT is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is JESSE JAMES 5-4 WEST UNIT?
- JESSE JAMES 5-4 WEST UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60253.
- Is JESSE JAMES 5-4 WEST UNIT still producing?
- JESSE JAMES 5-4 WEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JESSE JAMES 5-4 WEST UNIT is August 2026.
- How much has JESSE JAMES 5-4 WEST UNIT produced?
- JESSE JAMES 5-4 WEST UNIT has reported 1,220,361 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 4 wellbores.
- How much is JESSE JAMES 5-4 WEST UNIT worth?
- The remaining production from JESSE JAMES 5-4 WEST UNIT is estimated to be worth about $31.3M in total as of 27 August 2026, within a range of $25.7M to $36.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JESSE JAMES 5-4 WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JESSE JAMES 5-4 WEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JESSE JAMES 5-4 WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JESSE JAMES 5-4 WEST UNIT generate in a year?
- JESSE JAMES 5-4 WEST UNIT is forecast to net about $9.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JESSE JAMES 5-4 WEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60253 |
| Wellbores | 4 |
| Reported production | 1,220,361 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31.3M |
Where JESSE JAMES 5-4 WEST 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.