REV JJ STATE C7-14 B
REV JJ STATE C7-14 B is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 92,598 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 $148K, with roughly $133K 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 1,283 barrels a month. Its strongest month on the record we hold was September 2024, at 16,724 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 REV JJ STATE C7-14 B
- Who operates REV JJ STATE C7-14 B?
- REV JJ STATE C7-14 B is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is REV JJ STATE C7-14 B?
- REV JJ STATE C7-14 B is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60354.
- Is REV JJ STATE C7-14 B still producing?
- REV JJ STATE C7-14 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REV JJ STATE C7-14 B is August 2026.
- How much has REV JJ STATE C7-14 B produced?
- REV JJ STATE C7-14 B has reported 92,598 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is REV JJ STATE C7-14 B worth?
- The remaining production from REV JJ STATE C7-14 B is estimated to be worth about $148K in total as of 27 August 2026, within a range of $123K to $173K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REV JJ STATE C7-14 B is a fraction of it. The estimate fits an Arps decline curve to the production REV JJ STATE C7-14 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REV JJ STATE C7-14 B is an estimate of value, not an offer and not an appraisal.
- How much income does REV JJ STATE C7-14 B generate in a year?
- REV JJ STATE C7-14 B is forecast to net about $133K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REV JJ STATE C7-14 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60354 |
| Wellbores | 1 |
| Reported production | 92,598 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where REV JJ STATE C7-14 B 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.