EAST TOWNSITE
EAST TOWNSITE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 73,606 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 $2.1M, with roughly $652K 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 918 barrels a month, about 459 per wellbore. Its strongest month on the record we hold was October 2022, at 4,333 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 EAST TOWNSITE
- Who operates EAST TOWNSITE?
- EAST TOWNSITE is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is EAST TOWNSITE?
- EAST TOWNSITE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58220.
- Is EAST TOWNSITE still producing?
- EAST TOWNSITE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST TOWNSITE is August 2026.
- How much has EAST TOWNSITE produced?
- EAST TOWNSITE has reported 73,606 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 2 wellbores.
- How much is EAST TOWNSITE worth?
- The remaining production from EAST TOWNSITE is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST TOWNSITE is a fraction of it. The estimate fits an Arps decline curve to the production EAST TOWNSITE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST TOWNSITE is an estimate of value, not an offer and not an appraisal.
- How much income does EAST TOWNSITE generate in a year?
- EAST TOWNSITE is forecast to net about $652K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST TOWNSITE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 58220 |
| Wellbores | 2 |
| Reported production | 73,606 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where EAST TOWNSITE 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.