UL MONTGOMERY 1003-21
UL MONTGOMERY 1003-21 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Felix Energy Holdings II, LLC. It has 6 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 1,845,820 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 $46.4M, with roughly $15.7M 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 29,722 barrels a month, about 4,954 per wellbore. Its strongest month on the record we hold was May 2024, at 119,403 barrels. 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 UL MONTGOMERY 1003-21
- Who operates UL MONTGOMERY 1003-21?
- UL MONTGOMERY 1003-21 is operated by Felix Energy Holdings II, LLC, Railroad Commission of Texas operator number 265322.
- Where is UL MONTGOMERY 1003-21?
- UL MONTGOMERY 1003-21 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50523.
- Is UL MONTGOMERY 1003-21 still producing?
- UL MONTGOMERY 1003-21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL MONTGOMERY 1003-21 is August 2026.
- How much has UL MONTGOMERY 1003-21 produced?
- UL MONTGOMERY 1003-21 has reported 1,845,820 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 6 wellbores.
- How much is UL MONTGOMERY 1003-21 worth?
- The remaining production from UL MONTGOMERY 1003-21 is estimated to be worth about $46.4M in total as of 27 August 2026, within a range of $38.1M to $54.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL MONTGOMERY 1003-21 is a fraction of it. The estimate fits an Arps decline curve to the production UL MONTGOMERY 1003-21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL MONTGOMERY 1003-21 is an estimate of value, not an offer and not an appraisal.
- How much income does UL MONTGOMERY 1003-21 generate in a year?
- UL MONTGOMERY 1003-21 is forecast to net about $15.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL MONTGOMERY 1003-21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felix Energy Holdings II, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 50523 |
| Wellbores | 6 |
| Reported production | 1,845,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $46.4M |
Where UL MONTGOMERY 1003-21 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.