JETER
JETER is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by 5l Properties, Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 10,034 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 $91K, with roughly $18K 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 22 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was September 2020, at 58 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 JETER
- Who operates JETER?
- JETER is operated by 5l Properties, Inc., Railroad Commission of Texas operator number 953778.
- Where is JETER?
- JETER is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30224.
- Is JETER still producing?
- JETER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JETER is August 2026.
- How much has JETER produced?
- JETER has reported 10,034 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 3 wellbores.
- How much is JETER worth?
- The remaining production from JETER is estimated to be worth about $91K in total as of 26 August 2026, within a range of $50K to $133K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JETER is a fraction of it. The estimate fits an Arps decline curve to the production JETER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JETER is an estimate of value, not an offer and not an appraisal.
- How much income does JETER generate in a year?
- JETER is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JETER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 5l Properties, Inc. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 30224 |
| Wellbores | 3 |
| Reported production | 10,034 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $91K |
Where JETER 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.