FEE "AQ"
FEE "AQ" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 49,962 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 $201K, with roughly $37K 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 50 barrels a month. Its strongest month on the record we hold was March 2017, at 320 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 FEE "AQ"
- Who operates FEE "AQ"?
- FEE "AQ" is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is FEE "AQ"?
- FEE "AQ" is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38965.
- Is FEE "AQ" still producing?
- FEE "AQ" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE "AQ" is August 2026.
- How much has FEE "AQ" produced?
- FEE "AQ" has reported 49,962 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is FEE "AQ" worth?
- The remaining production from FEE "AQ" is estimated to be worth about $201K in total as of 26 August 2026, within a range of $110K to $291K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE "AQ" is a fraction of it. The estimate fits an Arps decline curve to the production FEE "AQ" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE "AQ" is an estimate of value, not an offer and not an appraisal.
- How much income does FEE "AQ" generate in a year?
- FEE "AQ" is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE "AQ" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Magutex (Wolfcamp) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38965 |
| Wellbores | 1 |
| Reported production | 49,962 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $201K |
Where FEE "AQ" 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.