JETER N 41-2
JETER N 41-2 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by De3 Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 211,490 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 $6.0M, with roughly $1.2M 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 1,381 barrels a month. Its strongest month on the record we hold was March 2021, at 20,467 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 N 41-2
- Who operates JETER N 41-2?
- JETER N 41-2 is operated by De3 Operating LLC, Railroad Commission of Texas operator number 518310.
- Where is JETER N 41-2?
- JETER N 41-2 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21189.
- Is JETER N 41-2 still producing?
- JETER N 41-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JETER N 41-2 is August 2026.
- How much has JETER N 41-2 produced?
- JETER N 41-2 has reported 211,490 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 1 wellbore.
- How much is JETER N 41-2 worth?
- The remaining production from JETER N 41-2 is estimated to be worth about $6.0M in total as of 26 August 2026, within a range of $5.0M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JETER N 41-2 is a fraction of it. The estimate fits an Arps decline curve to the production JETER N 41-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JETER N 41-2 is an estimate of value, not an offer and not an appraisal.
- How much income does JETER N 41-2 generate in a year?
- JETER N 41-2 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JETER N 41-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De3 Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21189 |
| Wellbores | 1 |
| Reported production | 211,490 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where JETER N 41-2 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.