GARDNER, F. E.

GARDNER, F. E. is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Phoenix Hydrocarbons Operating. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,013 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 $139K, with roughly $27K 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 36 barrels a month. Its strongest month on the record we hold was August 2024, at 129 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 GARDNER, F. E.

Who operates GARDNER, F. E.?
GARDNER, F. E. is operated by Phoenix Hydrocarbons Operating, Railroad Commission of Texas operator number 664125.
Where is GARDNER, F. E.?
GARDNER, F. E. is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33260.
Is GARDNER, F. E. still producing?
GARDNER, F. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDNER, F. E. is August 2026.
How much has GARDNER, F. E. produced?
GARDNER, F. E. has reported 20,013 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is GARDNER, F. E. worth?
The remaining production from GARDNER, F. E. is estimated to be worth about $139K in total as of 26 August 2026, within a range of $77K to $202K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDNER, F. E. is a fraction of it. The estimate fits an Arps decline curve to the production GARDNER, F. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDNER, F. E. is an estimate of value, not an offer and not an appraisal.
How much income does GARDNER, F. E. generate in a year?
GARDNER, F. E. is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARDNER, F. E. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GARDNER, F. E. as filed with the Railroad Commission of Texas
OperatorPhoenix Hydrocarbons Operating
FieldShafter Lake (San Andres)
CountyAndrews County, Texas
RRC district08
Lease number33260
Wellbores1
Reported production20,013 bbl
First reported
Last reported
Estimated royalty value$139K

Where GARDNER, F. E. 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.