J.T. JONES

Operated by MIKEN OIL, INC. (P-5 566783) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8767District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.1 M
Apr 2014 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition18,675 bbl$1,087,005
Casinghead gasProduction895 Mcf$3,747
Total$1,090,752

Every month this lease reported (146)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

146 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026113063.503.75$7,176
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025160058.593.93$9,374
Oct 2025161059.383.30$9,560
Sep 2025156062.743.08$9,787
Aug 2025163063.933.01$10,421
Jul 2025293066.743.32$19,555
Jun 2025167066.483.13$11,102
May 2025147060.553.23$8,901
Apr 2025149062.363.54$9,292
Mar 2025164067.704.27$11,103
Feb 2025159070.884.34$11,270
Jan 2025155074.324.28$11,520
Dec 2024307068.993.12$21,180
Nov 2024161069.052.20$11,117
Oct 2024164071.372.28$11,705
Sep 2024149069.612.36$10,372
Aug 2024163075.632.06$12,328
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201971055.052.66$3,909
Aug 201982053.112.30$4,355
Jul 2019226056.272.46$12,717
Jun 2019163052.782.49$8,603
May 2019228058.482.74$13,333
Apr 2019148062.632.75$9,269
Mar 2019166056.803.06$9,429
Feb 2019228050.852.79$11,594
Jan 2019248046.033.23$11,415
Dec 2018234046.594.19$10,902
Nov 2018245052.934.24$12,968
Oct 2018242061.443.40$14,868
Sep 2018246059.543.11$14,647
Aug 2018243059.403.07$14,434
Jul 2018317065.142.93$20,649
Jun 2018136060.183.08$8,184
May 2018220065.382.90$14,384
Apr 2018162063.842.90$10,342
Mar 2018267061.222.79$16,346
Feb 2018144061.782.77$8,896
Jan 2018170062.874.01$10,688
Dec 2017164057.272.92$9,392
Nov 2017153055.423.12$8,479
Oct 2017310049.292.98$15,280
Sep 2017154047.523.09$7,318
Aug 2017151045.373.00$6,851
Jul 2017154043.873.09$6,756
Jun 2017271042.493.09$11,515
May 2017284045.373.26$12,885
Apr 2017143047.933.21$6,854
Mar 2017275046.772.98$12,862
Feb 2017173050.452.95$8,728
Jan 2017316049.413.42$15,614
Dec 2016340048.763.72$16,578
Nov 2016157042.492.64$6,671
Oct 2016292046.193.09$13,487
Sep 2016326041.553.10$13,545
Aug 2016324041.442.92$13,427
Jul 2016177041.622.92$7,367
Jun 2016301045.352.69$13,650
May 2016308042.521.99$13,096
Apr 2016160036.561.99$5,850
Mar 2016151033.011.79$4,985
Feb 2016146026.472.06$3,865
Jan 2016164027.352.36$4,485
Dec 2015147032.362.00$4,757
Nov 2015170038.792.17$6,594
Oct 2015171043.552.43$7,447
Sep 2015332042.992.76$14,273
Aug 2015167040.162.87$6,707
Jul 2015168048.152.95$8,089
Jun 2015320056.152.88$17,968
May 2015164055.212.96$9,054
Apr 2015314049.822.71$15,643
Mar 2015319042.892.93$13,682
Feb 2015329044.662.98$14,693
Jan 2015175043.433.10$7,600
Dec 201443110654.693.59$23,952
Nov 201451911670.464.25$37,062
Oct 201433413178.303.90$26,663
Sep 201448110086.164.05$41,848
Aug 20143448289.394.04$31,081
Jul 201448114196.564.18$47,035
Jun 201479819298.164.74$79,241
May 201402294.734.73$104
Apr 20140595.944.81$24

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2026 — as filed, then multipliedworked
Oil                  113 bbl  × $ 63.50 =     $7,176
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $7,176

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 6E/O/8767 is the state's own key, not one this site invented.