FANT
FANT is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Rose City Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 171,908 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 $216K, with roughly $167K 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 648 barrels a month. Its strongest month on the record we hold was November 2021, at 7,202 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 FANT
- Who operates FANT?
- FANT is operated by Rose City Resources, LLC, Railroad Commission of Texas operator number 727892.
- Where is FANT?
- FANT is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15865.
- Is FANT still producing?
- FANT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FANT is August 2026.
- How much has FANT produced?
- FANT has reported 171,908 barrels of oil (bbl) to the Railroad Commission of Texas between November 2021 and August 2026, from 1 wellbore.
- How much is FANT worth?
- The remaining production from FANT is estimated to be worth about $216K in total as of 26 August 2026, within a range of $169K to $264K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FANT is a fraction of it. The estimate fits an Arps decline curve to the production FANT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FANT is an estimate of value, not an offer and not an appraisal.
- How much income does FANT generate in a year?
- FANT is forecast to net about $167K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FANT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rose City Resources, LLC |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15865 |
| Wellbores | 1 |
| Reported production | 171,908 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where FANT 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.