J. E. WATSON

J. E. WATSON is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Hunt Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 14,299 barrels. The lease is intermittent. 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 $206K, with roughly $29K 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 8 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was February 2023, at 436 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 J. E. WATSON

Who operates J. E. WATSON?
J. E. WATSON is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
Where is J. E. WATSON?
J. E. WATSON is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46660.
Is J. E. WATSON still producing?
J. E. WATSON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for J. E. WATSON is August 2026.
How much has J. E. WATSON produced?
J. E. WATSON has reported 14,299 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 3 wellbores.
How much is J. E. WATSON worth?
The remaining production from J. E. WATSON is estimated to be worth about $206K in total as of 26 August 2026, within a range of $0 to $412K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. E. WATSON is a fraction of it. The estimate fits an Arps decline curve to the production J. E. WATSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. E. WATSON is an estimate of value, not an offer and not an appraisal.
How much income does J. E. WATSON generate in a year?
J. E. WATSON is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J. E. WATSON receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

J. E. WATSON as filed with the Railroad Commission of Texas
OperatorHunt Oil Company
FieldSpraberry (Trend Area)
CountySterling County, Texas
RRC district08
Lease number46660
Wellbores3
Reported production14,299 bbl
First reported
Last reported
Estimated royalty value$206K

Where J. E. WATSON 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.