IRION, J. R.
IRION, J. R. is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Texaco E & P Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 193,080 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 $1.2M, with roughly $258K 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 380 barrels a month, about 127 per wellbore. Its strongest month on the record we hold was March 2026, at 477 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 IRION, J. R.
- Who operates IRION, J. R.?
- IRION, J. R. is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is IRION, J. R.?
- IRION, J. R. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08379.
- Is IRION, J. R. still producing?
- IRION, J. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRION, J. R. is August 2026.
- How much has IRION, J. R. produced?
- IRION, J. R. has reported 193,080 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is IRION, J. R. worth?
- The remaining production from IRION, J. R. is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $898K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRION, J. R. is a fraction of it. The estimate fits an Arps decline curve to the production IRION, J. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRION, J. R. is an estimate of value, not an offer and not an appraisal.
- How much income does IRION, J. R. generate in a year?
- IRION, J. R. is forecast to net about $258K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IRION, J. R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 08379 |
| Wellbores | 3 |
| Reported production | 193,080 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where IRION, J. R. 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.