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Texas oil lease · RRC district 8A · Lease 68359

Producing

JONES

Jones is an oil lease in Terry County, Texas, operated by R3 Operating Corporation in the Kingdom (Clearfork 7500) field. The Railroad Commission shows 2,370 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

2,370bbl oil, last 12 months−47% vs prior year
RRC lease
8A-68359

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Where it sits

This county

Terry CountyTerryHockleyYoakumCochranLynnLubbockTerry County
Terry County · RRC district 8AOpen Terry County →
Oil in Jul 2026
184 bbl
Reporting to the state
since Jan 2020
Wells
5
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 47% over the last 12 months

2,370 bbl in the 12 months through Jul 2026, against 4,478 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production for JONES, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 2,370 bbl in the 12 months through Jul 2026, against 4,478 bbl in the 12 months before.Last 12 months: 2,370 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production for JONES, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 2,370 bbl in the 12 months through Jul 2026, against 4,478 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 68359, district 8A. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Aug 2025

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 68359 in district 8A. The API number is the state’s ID for a well.
Wells on JONES
API numberWell no.Status
42-169-338452Active
42-445-319594Active
42-445-322215Active
42-445-322246Active
42-445-324337Active

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 68359.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Aug 1, 2025

Companies that used to be listed: Plains Marketing, L.p. (gathers it, until Aug 1, 2025); Plains Pipeline L.p. (gathers it, until Aug 1, 2025); Targa Midstream Services LLC (gathers it, until Aug 25, 2023); Targa Midstream Services LLC (buys it, until Aug 25, 2023); Plains Pipeline L.p. (gathers it, until Aug 25, 2023).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

200 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
54 not plugged
Horizontal
0
First completion
Oct 1, 2001
Latest permit
Jul 1, 2016

The wells on this lease state different acreage

The permits state between 200 and 640 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Jones
API numberWell no.Acreson the permit
42-445-324337200
42-445-322215640
42-445-322246640
42-169-338452240
42-445-319594480

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says JONES sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for JONES
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026R3 Operating184181$80.46$2.89
Jun 2026R3 Operating291338$84.81$3.15
May 2026R3 Operating277350$102.13$2.94
Apr 2026R3 Operating125111$100.32$2.77
Mar 2026R3 Operating197222$91.38$3.04
Feb 2026R3 Operating164172$64.51$3.62
Jan 2026R3 Operating193282$60.04$7.72
Dec 2025R3 Operating2210$57.97$4.26
Nov 2025R3 Operating299200$60.06$3.79
Oct 2025R3 Operating181164$60.89$3.19
Sep 2025R3 Operating90140$63.96$2.97
Aug 2025R3 Operating148162$64.86$2.91
Jul 2025T2 Operating245307$68.39$3.20
Jun 2025T2 Operating198124$68.17$3.02
May 2025T2 Operating190441$62.17$3.12
Apr 2025T2 Operating459265$63.54$3.42
Mar 2025Boaz Energy321389$68.24$4.12
Feb 2025Boaz Energy353309$71.53$4.19
Jan 2025Boaz Energy454479$75.74$4.13
Dec 2024Boaz Energy446402$70.12$3.01
Nov 2024Boaz Energy442399$69.95$2.12
Oct 2024Boaz Energy460526$71.99$2.20
Sep 2024Boaz Energy424429$70.24$2.28
Aug 2024Boaz Energy486445$76.68$1.99
Jul 2024Boaz Energy400443$81.80$2.07
Jun 2024Boaz Energy455451$79.77$2.54
May 2024Boaz Energy473461$80.02$2.12
Apr 2024Boaz Energy422434$85.35$1.60
Mar 2024Boaz Energy461444$81.28$1.49
Feb 2024Boaz Energy436447$77.25$1.72
Jan 2024Boaz Energy475436$74.15$3.18
Dec 2023Boaz Energy485532$71.90$2.52
Nov 2023Boaz Energy466445$77.69$2.71
Oct 2023Boaz Energy472444$85.64$2.98
Sep 2023Boaz Energy467650$89.43$2.64
Aug 2023Boaz Energy777599$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for JONES. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask R3 Operating Corporation.

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  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

R3 Operating Corporation in Terry County

All R3 Operating Corporation leases →

Kingdom (Clearfork 7500) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • JONES

    426 bbl last 12 months · 0.3 km away

  • HELEN

    31,685 bbl last 12 months · 0.3 km away

  • JONES

    841 bbl last 12 months · 0.4 km away

  • TEXLAND

    1,625 bbl last 12 months · 0.8 km away

  • MABEE

    2,814 bbl last 12 months · 0.8 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 68359, district 8A, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.