FEE LA
FEE LA is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 1,841,957 thousand cubic feet. 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 $19.3M, with roughly $4.2M 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 33,770 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 63,314 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 FEE LA
- Who operates FEE LA?
- FEE LA is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is FEE LA?
- FEE LA is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294591.
- Is FEE LA still producing?
- FEE LA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE LA is August 2026.
- How much has FEE LA produced?
- FEE LA has reported 1,841,957 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is FEE LA worth?
- The remaining production from FEE LA is estimated to be worth about $19.3M in total as of 26 August 2026, within a range of $15.8M to $22.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE LA is a fraction of it. The estimate fits an Arps decline curve to the production FEE LA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE LA is an estimate of value, not an offer and not an appraisal.
- How much income does FEE LA generate in a year?
- FEE LA is forecast to net about $4.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE LA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Emma (Barnett Shale) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 294591 |
| Wellbores | 1 |
| Reported production | 1,841,957 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.3M |
Where FEE LA 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.