EDWARDS, JACK -L-
EDWARDS, JACK -L- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 37,072 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 $266K, with roughly $51K 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 65 barrels a month. Its strongest month on the record we hold was January 2018, at 284 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 EDWARDS, JACK -L-
- Who operates EDWARDS, JACK -L-?
- EDWARDS, JACK -L- is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is EDWARDS, JACK -L-?
- EDWARDS, JACK -L- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35589.
- Is EDWARDS, JACK -L- still producing?
- EDWARDS, JACK -L- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS, JACK -L- is August 2026.
- How much has EDWARDS, JACK -L- produced?
- EDWARDS, JACK -L- has reported 37,072 barrels of oil (bbl) to the Railroad Commission of Texas between November 1997 and August 2026, from 1 wellbore.
- How much is EDWARDS, JACK -L- worth?
- The remaining production from EDWARDS, JACK -L- is estimated to be worth about $266K in total as of 26 August 2026, within a range of $146K to $385K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS, JACK -L- is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS, JACK -L- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS, JACK -L- is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS, JACK -L- generate in a year?
- EDWARDS, JACK -L- is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS, JACK -L- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Janelle, Se. (Glorieta) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 35589 |
| Wellbores | 1 |
| Reported production | 37,072 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where EDWARDS, JACK -L- 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.