JRS FARMS (22-27)
JRS FARMS (22-27) is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 455,216 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 $3.8M, with roughly $942K 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 1,111 barrels a month. Its strongest month on the record we hold was June 2017, at 31,835 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 JRS FARMS (22-27)
- Who operates JRS FARMS (22-27)?
- JRS FARMS (22-27) is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is JRS FARMS (22-27)?
- JRS FARMS (22-27) is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19691.
- Is JRS FARMS (22-27) still producing?
- JRS FARMS (22-27) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JRS FARMS (22-27) is August 2026.
- How much has JRS FARMS (22-27) produced?
- JRS FARMS (22-27) has reported 455,216 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is JRS FARMS (22-27) worth?
- The remaining production from JRS FARMS (22-27) is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JRS FARMS (22-27) is a fraction of it. The estimate fits an Arps decline curve to the production JRS FARMS (22-27) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JRS FARMS (22-27) is an estimate of value, not an offer and not an appraisal.
- How much income does JRS FARMS (22-27) generate in a year?
- JRS FARMS (22-27) is forecast to net about $942K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JRS FARMS (22-27) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19691 |
| Wellbores | 1 |
| Reported production | 455,216 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where JRS FARMS (22-27) 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.