FAIN ESTATE
FAIN ESTATE is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Extex Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 31,456 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 $461K, with roughly $89K 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 119 barrels a month. Its strongest month on the record we hold was October 2016, at 229 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 FAIN ESTATE
- Who operates FAIN ESTATE?
- FAIN ESTATE is operated by Extex Operating Company, Railroad Commission of Texas operator number 257062.
- Where is FAIN ESTATE?
- FAIN ESTATE is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30994.
- Is FAIN ESTATE still producing?
- FAIN ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAIN ESTATE is August 2026.
- How much has FAIN ESTATE produced?
- FAIN ESTATE has reported 31,456 barrels of oil (bbl) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is FAIN ESTATE worth?
- The remaining production from FAIN ESTATE is estimated to be worth about $461K in total as of 26 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAIN ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production FAIN ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAIN ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does FAIN ESTATE generate in a year?
- FAIN ESTATE is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAIN ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Extex Operating Company |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 30994 |
| Wellbores | 1 |
| Reported production | 31,456 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $461K |
Where FAIN ESTATE 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.