ONEAL, BILL JOHN, NE/4 SEC. 5 UN
ONEAL, BILL JOHN, NE/4 SEC. 5 UN is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pennzoil Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 65,870 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 $498K, with roughly $85K 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 75 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was August 2016, at 309 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 ONEAL, BILL JOHN, NE/4 SEC. 5 UN
- Who operates ONEAL, BILL JOHN, NE/4 SEC. 5 UN?
- ONEAL, BILL JOHN, NE/4 SEC. 5 UN is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is ONEAL, BILL JOHN, NE/4 SEC. 5 UN?
- ONEAL, BILL JOHN, NE/4 SEC. 5 UN is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 04342.
- Is ONEAL, BILL JOHN, NE/4 SEC. 5 UN still producing?
- ONEAL, BILL JOHN, NE/4 SEC. 5 UN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ONEAL, BILL JOHN, NE/4 SEC. 5 UN is August 2026.
- How much has ONEAL, BILL JOHN, NE/4 SEC. 5 UN produced?
- ONEAL, BILL JOHN, NE/4 SEC. 5 UN has reported 65,870 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is ONEAL, BILL JOHN, NE/4 SEC. 5 UN worth?
- The remaining production from ONEAL, BILL JOHN, NE/4 SEC. 5 UN is estimated to be worth about $498K in total as of 27 August 2026, within a range of $274K to $723K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ONEAL, BILL JOHN, NE/4 SEC. 5 UN is a fraction of it. The estimate fits an Arps decline curve to the production ONEAL, BILL JOHN, NE/4 SEC. 5 UN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ONEAL, BILL JOHN, NE/4 SEC. 5 UN is an estimate of value, not an offer and not an appraisal.
- How much income does ONEAL, BILL JOHN, NE/4 SEC. 5 UN generate in a year?
- ONEAL, BILL JOHN, NE/4 SEC. 5 UN is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ONEAL, BILL JOHN, NE/4 SEC. 5 UN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Texel (Pennsylvanian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 04342 |
| Wellbores | 2 |
| Reported production | 65,870 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where ONEAL, BILL JOHN, NE/4 SEC. 5 UN 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.