FAT CHANCE STATE F
FAT CHANCE STATE F is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Vital Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 187,877 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 $4.2M, with roughly $3.6M 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 17,885 barrels a month. Its strongest month on the record we hold was August 2025, at 30,990 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 FAT CHANCE STATE F
- Who operates FAT CHANCE STATE F?
- FAT CHANCE STATE F is operated by Vital Energy, Inc., Railroad Commission of Texas operator number 100951.
- Where is FAT CHANCE STATE F?
- FAT CHANCE STATE F is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64304.
- Is FAT CHANCE STATE F still producing?
- FAT CHANCE STATE F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAT CHANCE STATE F is August 2026.
- How much has FAT CHANCE STATE F produced?
- FAT CHANCE STATE F has reported 187,877 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is FAT CHANCE STATE F worth?
- The remaining production from FAT CHANCE STATE F is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAT CHANCE STATE F is a fraction of it. The estimate fits an Arps decline curve to the production FAT CHANCE STATE F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAT CHANCE STATE F is an estimate of value, not an offer and not an appraisal.
- How much income does FAT CHANCE STATE F generate in a year?
- FAT CHANCE STATE F is forecast to net about $3.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAT CHANCE STATE F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vital Energy, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 64304 |
| Wellbores | 1 |
| Reported production | 187,877 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where FAT CHANCE STATE F 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.