JACEE
JACEE is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Exl Petroleum, LP. It has 2 wellbores on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 75,255 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 $212K, with roughly $36K 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 45 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was May 2016, at 358 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 JACEE
- Who operates JACEE?
- JACEE is operated by Exl Petroleum, LP, Railroad Commission of Texas operator number 256791.
- Where is JACEE?
- JACEE is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16111.
- Is JACEE still producing?
- JACEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JACEE is August 2026.
- How much has JACEE produced?
- JACEE has reported 75,255 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 2 wellbores.
- How much is JACEE worth?
- The remaining production from JACEE is estimated to be worth about $212K in total as of 26 August 2026, within a range of $117K to $308K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JACEE is a fraction of it. The estimate fits an Arps decline curve to the production JACEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JACEE is an estimate of value, not an offer and not an appraisal.
- How much income does JACEE generate in a year?
- JACEE is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JACEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exl Petroleum, LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16111 |
| Wellbores | 2 |
| Reported production | 75,255 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $212K |
Where JACEE 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.