FITZGERALD STATE
FITZGERALD STATE is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Graham, Bill J. Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 809,073 thousand cubic feet. The lease is intermittent. 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 $43K, with roughly $5K 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 215 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 742 thousand cubic feet. 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 FITZGERALD STATE
- Who operates FITZGERALD STATE?
- FITZGERALD STATE is operated by Graham, Bill J. Oil & Gas Corp., Railroad Commission of Texas operator number 322349.
- Where is FITZGERALD STATE?
- FITZGERALD STATE is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 162160.
- Is FITZGERALD STATE still producing?
- FITZGERALD STATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FITZGERALD STATE is August 2026.
- How much has FITZGERALD STATE produced?
- FITZGERALD STATE has reported 809,073 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1997 and August 2026, from 1 wellbore.
- How much is FITZGERALD STATE worth?
- The remaining production from FITZGERALD STATE is estimated to be worth about $43K in total as of 26 August 2026, within a range of $33K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FITZGERALD STATE is a fraction of it. The estimate fits an Arps decline curve to the production FITZGERALD STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FITZGERALD STATE is an estimate of value, not an offer and not an appraisal.
- How much income does FITZGERALD STATE generate in a year?
- FITZGERALD STATE is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FITZGERALD STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Graham, Bill J. Oil & Gas Corp. |
|---|---|
| Field | Abell (Clear Fork) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 162160 |
| Wellbores | 1 |
| Reported production | 809,073 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where FITZGERALD STATE 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.