JACEE E UNIT
JACEE E UNIT is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 166,119 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 $3.9M, with roughly $663K 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 249 barrels a month. Its strongest month on the record we hold was January 2017, at 13,075 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 JACEE E UNIT
- Who operates JACEE E UNIT?
- JACEE E UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is JACEE E UNIT?
- JACEE E UNIT is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18939.
- Is JACEE E UNIT still producing?
- JACEE E UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACEE E UNIT is August 2026.
- How much has JACEE E UNIT produced?
- JACEE E UNIT has reported 166,119 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is JACEE E UNIT worth?
- The remaining production from JACEE E UNIT is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.1M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACEE E UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JACEE E UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACEE E UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JACEE E UNIT generate in a year?
- JACEE E UNIT is forecast to net about $663K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACEE E UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18939 |
| Wellbores | 1 |
| Reported production | 166,119 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where JACEE E 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.