JESSIE
JESSIE is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 182,185 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 $531K, with roughly $143K 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 264 barrels a month. Its strongest month on the record we hold was March 2026, at 577 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 JESSIE
- Who operates JESSIE?
- JESSIE is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is JESSIE?
- JESSIE is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12393.
- Is JESSIE still producing?
- JESSIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JESSIE is August 2026.
- How much has JESSIE produced?
- JESSIE has reported 182,185 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JESSIE worth?
- The remaining production from JESSIE is estimated to be worth about $531K in total as of 26 August 2026, within a range of $414K to $648K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JESSIE is a fraction of it. The estimate fits an Arps decline curve to the production JESSIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JESSIE is an estimate of value, not an offer and not an appraisal.
- How much income does JESSIE generate in a year?
- JESSIE is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JESSIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Hazel Owens (Paluxy) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 12393 |
| Wellbores | 1 |
| Reported production | 182,185 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $531K |
Where JESSIE 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.