SCOTT, F.H. -31-
SCOTT, F.H. -31- 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 February 2020 to August 2026, totalling 18,483 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 $1.6M, with roughly $492K 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 730 barrels a month, about 365 per wellbore. Its strongest month on the record we hold was November 2024, at 1,064 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 SCOTT, F.H. -31-
- Who operates SCOTT, F.H. -31-?
- SCOTT, F.H. -31- is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is SCOTT, F.H. -31-?
- SCOTT, F.H. -31- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54840.
- Is SCOTT, F.H. -31- still producing?
- SCOTT, F.H. -31- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCOTT, F.H. -31- is August 2026.
- How much has SCOTT, F.H. -31- produced?
- SCOTT, F.H. -31- has reported 18,483 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 2 wellbores.
- How much is SCOTT, F.H. -31- worth?
- The remaining production from SCOTT, F.H. -31- is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCOTT, F.H. -31- is a fraction of it. The estimate fits an Arps decline curve to the production SCOTT, F.H. -31- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCOTT, F.H. -31- is an estimate of value, not an offer and not an appraisal.
- How much income does SCOTT, F.H. -31- generate in a year?
- SCOTT, F.H. -31- is forecast to net about $492K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCOTT, F.H. -31- 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 | 54840 |
| Wellbores | 2 |
| Reported production | 18,483 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where SCOTT, F.H. -31- 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.