JT ADAMS
JT ADAMS is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Jetta Operating Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 191,852 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 $5.4M, with roughly $1.4M 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 2,110 barrels a month, about 703 per wellbore. Its strongest month on the record we hold was October 2023, at 6,671 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 JT ADAMS
- Who operates JT ADAMS?
- JT ADAMS is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is JT ADAMS?
- JT ADAMS is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56504.
- Is JT ADAMS still producing?
- JT ADAMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JT ADAMS is August 2026.
- How much has JT ADAMS produced?
- JT ADAMS has reported 191,852 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 3 wellbores.
- How much is JT ADAMS worth?
- The remaining production from JT ADAMS is estimated to be worth about $5.4M in total as of 27 August 2026, within a range of $4.5M to $6.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JT ADAMS is a fraction of it. The estimate fits an Arps decline curve to the production JT ADAMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JT ADAMS is an estimate of value, not an offer and not an appraisal.
- How much income does JT ADAMS generate in a year?
- JT ADAMS is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JT ADAMS 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 | 56504 |
| Wellbores | 3 |
| Reported production | 191,852 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.4M |
Where JT ADAMS 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.