FIELDS, T. L.
FIELDS, T. L. is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Wines, Michael L. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 11,904 barrels. The lease is shut in. 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 $29K, with roughly $6K 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 6 barrels a month. Its strongest month on the record we hold was June 2020, at 91 barrels.
Key facts about FIELDS, T. L.
- Who operates FIELDS, T. L.?
- FIELDS, T. L. is operated by Wines, Michael L., Railroad Commission of Texas operator number 931855.
- Where is FIELDS, T. L.?
- FIELDS, T. L. is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11121.
- Is FIELDS, T. L. still producing?
- FIELDS, T. L. is shut in. The most recent month of production reported to the Railroad Commission of Texas for FIELDS, T. L. is August 2026.
- How much has FIELDS, T. L. produced?
- FIELDS, T. L. has reported 11,904 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FIELDS, T. L. worth?
- The remaining production from FIELDS, T. L. is estimated to be worth about $29K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIELDS, T. L. is a fraction of it. The estimate fits an Arps decline curve to the production FIELDS, T. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIELDS, T. L. is an estimate of value, not an offer and not an appraisal.
- How much income does FIELDS, T. L. generate in a year?
- FIELDS, T. L. is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIELDS, T. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wines, Michael L. |
|---|---|
| Field | Clay County Regular |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 11121 |
| Wellbores | 1 |
| Reported production | 11,904 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where FIELDS, T. L. 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.