ARCO FEE 198
ARCO FEE 198 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Arco Oil & Gas Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 350,423 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 $180K, with roughly $35K 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 82 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was January 2017, at 405 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 ARCO FEE 198
- Who operates ARCO FEE 198?
- ARCO FEE 198 is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is ARCO FEE 198?
- ARCO FEE 198 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66880.
- Is ARCO FEE 198 still producing?
- ARCO FEE 198 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARCO FEE 198 is August 2026.
- How much has ARCO FEE 198 produced?
- ARCO FEE 198 has reported 350,423 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is ARCO FEE 198 worth?
- The remaining production from ARCO FEE 198 is estimated to be worth about $180K in total as of 26 August 2026, within a range of $99K to $261K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARCO FEE 198 is a fraction of it. The estimate fits an Arps decline curve to the production ARCO FEE 198 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARCO FEE 198 is an estimate of value, not an offer and not an appraisal.
- How much income does ARCO FEE 198 generate in a year?
- ARCO FEE 198 is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ARCO FEE 198 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Three-O-Three (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 66880 |
| Wellbores | 3 |
| Reported production | 350,423 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $180K |
Where ARCO FEE 198 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.