RANDOLPH -J-
RANDOLPH -J- is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chapman, Ford Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 41,254 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 $311K, with roughly $60K 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 81 barrels a month. Its strongest month on the record we hold was August 2018, at 322 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 RANDOLPH -J-
- Who operates RANDOLPH -J-?
- RANDOLPH -J- is operated by Chapman, Ford Operating, Inc., Railroad Commission of Texas operator number 144654.
- Where is RANDOLPH -J-?
- RANDOLPH -J- is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20899.
- Is RANDOLPH -J- still producing?
- RANDOLPH -J- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANDOLPH -J- is August 2026.
- How much has RANDOLPH -J- produced?
- RANDOLPH -J- has reported 41,254 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RANDOLPH -J- worth?
- The remaining production from RANDOLPH -J- is estimated to be worth about $311K in total as of 27 August 2026, within a range of $171K to $451K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANDOLPH -J- is a fraction of it. The estimate fits an Arps decline curve to the production RANDOLPH -J- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANDOLPH -J- is an estimate of value, not an offer and not an appraisal.
- How much income does RANDOLPH -J- generate in a year?
- RANDOLPH -J- is forecast to net about $60K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANDOLPH -J- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chapman, Ford Operating, Inc. |
|---|---|
| Field | Chapman |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 20899 |
| Wellbores | 1 |
| Reported production | 41,254 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $311K |
Where RANDOLPH -J- 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.