JEFFREYS
JEFFREYS is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by New Horizon Exploration, Inc. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 19,888 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 $167K, with roughly $32K 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 36 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was March 2019, at 150 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 JEFFREYS
- Who operates JEFFREYS?
- JEFFREYS is operated by New Horizon Exploration, Inc., Railroad Commission of Texas operator number 606475.
- Where is JEFFREYS?
- JEFFREYS is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09635.
- Is JEFFREYS still producing?
- JEFFREYS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEFFREYS is August 2026.
- How much has JEFFREYS produced?
- JEFFREYS has reported 19,888 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is JEFFREYS worth?
- The remaining production from JEFFREYS is estimated to be worth about $167K in total as of 26 August 2026, within a range of $92K to $241K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEFFREYS is a fraction of it. The estimate fits an Arps decline curve to the production JEFFREYS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JEFFREYS is an estimate of value, not an offer and not an appraisal.
- How much income does JEFFREYS generate in a year?
- JEFFREYS is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JEFFREYS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | New Horizon Exploration, Inc. |
|---|---|
| Field | Nordic (Dog Bend) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 09635 |
| Wellbores | 9 |
| Reported production | 19,888 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where JEFFREYS 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.