JAXON UNIT
JAXON UNIT is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Moriah Operating,LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2021 to August 2026, totalling 451,131 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 $788K, with roughly $469K 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 1,020 barrels a month. Its strongest month on the record we hold was January 2022, at 42,814 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 JAXON UNIT
- Who operates JAXON UNIT?
- JAXON UNIT is operated by Moriah Operating,LLC, Railroad Commission of Texas operator number 586557.
- Where is JAXON UNIT?
- JAXON UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56311.
- Is JAXON UNIT still producing?
- JAXON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAXON UNIT is August 2026.
- How much has JAXON UNIT produced?
- JAXON UNIT has reported 451,131 barrels of oil (bbl) to the Railroad Commission of Texas between September 2021 and August 2026, from 1 wellbore.
- How much is JAXON UNIT worth?
- The remaining production from JAXON UNIT is estimated to be worth about $788K in total as of 26 August 2026, within a range of $654K to $922K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAXON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JAXON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAXON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JAXON UNIT generate in a year?
- JAXON UNIT is forecast to net about $469K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAXON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Moriah Operating,LLC |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 56311 |
| Wellbores | 1 |
| Reported production | 451,131 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $788K |
Where JAXON UNIT 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.