FITZGERALD STATE
FITZGERALD STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Graham, Bill J. Oil & Gas Corp. It has 2 wellbores on file with the Commission. Reported production runs from December 1995 to August 2026, totalling 58,303 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 $144K, with roughly $27K 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 30 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was May 2019, at 132 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 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 oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34799.
- Is FITZGERALD STATE still producing?
- FITZGERALD STATE is currently producing. 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 58,303 barrels of oil (bbl) to the Railroad Commission of Texas between December 1995 and August 2026, from 2 wellbores.
- How much is FITZGERALD STATE worth?
- The remaining production from FITZGERALD STATE is estimated to be worth about $144K in total as of 26 August 2026, within a range of $79K to $209K. 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 $27K 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 (Permian-General) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34799 |
| Wellbores | 2 |
| Reported production | 58,303 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $144K |
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.