SNEAD, J. E. B.
SNEAD, J. E. B. is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Exxon Corp. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 176,839 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 $933K, with roughly $174K 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 215 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was May 2016, at 501 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 SNEAD, J. E. B.
- Who operates SNEAD, J. E. B.?
- SNEAD, J. E. B. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is SNEAD, J. E. B.?
- SNEAD, J. E. B. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07030.
- Is SNEAD, J. E. B. still producing?
- SNEAD, J. E. B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEAD, J. E. B. is August 2026.
- How much has SNEAD, J. E. B. produced?
- SNEAD, J. E. B. has reported 176,839 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is SNEAD, J. E. B. worth?
- The remaining production from SNEAD, J. E. B. is estimated to be worth about $933K in total as of 26 August 2026, within a range of $728K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEAD, J. E. B. is a fraction of it. The estimate fits an Arps decline curve to the production SNEAD, J. E. B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNEAD, J. E. B. is an estimate of value, not an offer and not an appraisal.
- How much income does SNEAD, J. E. B. generate in a year?
- SNEAD, J. E. B. is forecast to net about $174K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEAD, J. E. B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 07030 |
| Wellbores | 19 |
| Reported production | 176,839 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $933K |
Where SNEAD, J. E. 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.