FED-EX 1178
FED-EX 1178 is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Baron Exploration Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 19,351 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 $3K, with roughly $565 expected over the next twelve months.
| Operator | Baron Exploration Co. |
|---|---|
| Field | Sherman (7500 Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 29772 |
| Wellbores | 1 |
| Reported production | 19,351 bbl |
| First reported | June 2000 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.