FEE -ZA-
FEE -ZA- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Fasken, Barbara. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 490,432 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 $3.7M, with roughly $832K 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 1,186 barrels a month, about 169 per wellbore. Its strongest month on the record we hold was September 2024, at 2,273 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 -ZA-
- Who operates FEE -ZA-?
- FEE -ZA- is operated by Fasken, Barbara, Railroad Commission of Texas operator number 263695.
- Where is FEE -ZA-?
- FEE -ZA- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28118.
- Is FEE -ZA- still producing?
- FEE -ZA- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE -ZA- is August 2026.
- How much has FEE -ZA- produced?
- FEE -ZA- has reported 490,432 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is FEE -ZA- worth?
- The remaining production from FEE -ZA- is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $3.1M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE -ZA- is a fraction of it. The estimate fits an Arps decline curve to the production FEE -ZA- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE -ZA- is an estimate of value, not an offer and not an appraisal.
- How much income does FEE -ZA- generate in a year?
- FEE -ZA- is forecast to net about $832K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE -ZA- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken, Barbara |
|---|---|
| Field | Fasken(Wolfcamp 8400) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 28118 |
| Wellbores | 7 |
| Reported production | 490,432 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where FEE -ZA- 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.