JEP P
JEP P is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Point Energy Partners Petro, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 197,835 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 $2.5M, with roughly $764K 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 1,230 barrels a month. Its strongest month on the record we hold was May 2022, at 13,911 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 JEP P
- Who operates JEP P?
- JEP P is operated by Point Energy Partners Petro, LLC, Railroad Commission of Texas operator number 668897.
- Where is JEP P?
- JEP P is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57292.
- Is JEP P still producing?
- JEP P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEP P is August 2026.
- How much has JEP P produced?
- JEP P has reported 197,835 barrels of oil (bbl) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
- How much is JEP P worth?
- The remaining production from JEP P is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEP P is a fraction of it. The estimate fits an Arps decline curve to the production JEP P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JEP P is an estimate of value, not an offer and not an appraisal.
- How much income does JEP P generate in a year?
- JEP P is forecast to net about $764K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JEP P receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Point Energy Partners Petro, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 57292 |
| Wellbores | 1 |
| Reported production | 197,835 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where JEP P 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.