PERKINS -F-
PERKINS -F- is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 25 wellbores on file with the Commission. Reported production runs from September 2021 to August 2026, totalling 174,989 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 $9.7M, with roughly $2.1M 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 2,437 barrels a month, about 97 per wellbore. Its strongest month on the record we hold was April 2022, at 5,849 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 PERKINS -F-
- Who operates PERKINS -F-?
- PERKINS -F- is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is PERKINS -F-?
- PERKINS -F- is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56589.
- Is PERKINS -F- still producing?
- PERKINS -F- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERKINS -F- is August 2026.
- How much has PERKINS -F- produced?
- PERKINS -F- has reported 174,989 barrels of oil (bbl) to the Railroad Commission of Texas between September 2021 and August 2026, from 25 wellbores.
- How much is PERKINS -F- worth?
- The remaining production from PERKINS -F- is estimated to be worth about $9.7M in total as of 27 August 2026, within a range of $8.0M to $11.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS -F- is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS -F- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS -F- is an estimate of value, not an offer and not an appraisal.
- How much income does PERKINS -F- generate in a year?
- PERKINS -F- is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS -F- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 56589 |
| Wellbores | 25 |
| Reported production | 174,989 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.7M |
Where PERKINS -F- 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.