FLY OFFSET
FLY OFFSET is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ok Arena Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 15,168 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 $265K, with roughly $50K 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 54 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was January 2018, at 244 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 FLY OFFSET
- Who operates FLY OFFSET?
- FLY OFFSET is operated by Ok Arena Operating Company, Railroad Commission of Texas operator number 616981.
- Where is FLY OFFSET?
- FLY OFFSET is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38638.
- Is FLY OFFSET still producing?
- FLY OFFSET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLY OFFSET is August 2026.
- How much has FLY OFFSET produced?
- FLY OFFSET has reported 15,168 barrels of oil (bbl) to the Railroad Commission of Texas between November 2007 and August 2026, from 2 wellbores.
- How much is FLY OFFSET worth?
- The remaining production from FLY OFFSET is estimated to be worth about $265K in total as of 26 August 2026, within a range of $146K to $384K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLY OFFSET is a fraction of it. The estimate fits an Arps decline curve to the production FLY OFFSET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLY OFFSET is an estimate of value, not an offer and not an appraisal.
- How much income does FLY OFFSET generate in a year?
- FLY OFFSET is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLY OFFSET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ok Arena Operating Company |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38638 |
| Wellbores | 2 |
| Reported production | 15,168 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $265K |
Where FLY OFFSET 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.