FLETCHER 3
FLETCHER 3 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 478,613 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $186K, with roughly $52K expected over the next twelve months.
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 54501 |
| Wellbores | 2 |
| Reported production | 478,613 bbl |
| First reported | January 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $186K |
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.