FELTS
FELTS is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Glahn Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 8,003 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 $146K, with roughly $28K 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 32 barrels a month. Its strongest month on the record we hold was November 2022, at 124 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FELTS
- Who operates FELTS?
- FELTS is operated by Glahn Resources, Inc., Railroad Commission of Texas operator number 307644.
- Where is FELTS?
- FELTS is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30572.
- Is FELTS still producing?
- FELTS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FELTS is August 2026.
- How much has FELTS produced?
- FELTS has reported 8,003 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is FELTS worth?
- The remaining production from FELTS is estimated to be worth about $146K in total as of 26 August 2026, within a range of $80K to $212K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FELTS is a fraction of it. The estimate fits an Arps decline curve to the production FELTS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FELTS is an estimate of value, not an offer and not an appraisal.
- How much income does FELTS generate in a year?
- FELTS is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FELTS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Glahn Resources, Inc. |
|---|---|
| Field | Lilly (Patio B SD) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 30572 |
| Wellbores | 1 |
| Reported production | 8,003 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $146K |
Where FELTS 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.