REAGAN 'H' FEE
REAGAN 'H' FEE is a Texas oil lease in Reagan County, Railroad Commission district 08, operated by Burk Royalty Co., Ltd. It has 8 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 8,055 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 $1.2M, with roughly $189K 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 147 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was February 2022, at 255 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 REAGAN 'H' FEE
- Who operates REAGAN 'H' FEE?
- REAGAN 'H' FEE is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is REAGAN 'H' FEE?
- REAGAN 'H' FEE is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57987.
- Is REAGAN 'H' FEE still producing?
- REAGAN 'H' FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REAGAN 'H' FEE is August 2026.
- How much has REAGAN 'H' FEE produced?
- REAGAN 'H' FEE has reported 8,055 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 8 wellbores.
- How much is REAGAN 'H' FEE worth?
- The remaining production from REAGAN 'H' FEE is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $922K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REAGAN 'H' FEE is a fraction of it. The estimate fits an Arps decline curve to the production REAGAN 'H' FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REAGAN 'H' FEE is an estimate of value, not an offer and not an appraisal.
- How much income does REAGAN 'H' FEE generate in a year?
- REAGAN 'H' FEE is forecast to net about $189K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REAGAN 'H' FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 08 |
| Lease number | 57987 |
| Wellbores | 8 |
| Reported production | 8,055 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where REAGAN 'H' FEE 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.