FOMBY
FOMBY is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Reed Production, Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 82,819 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 $691K, with roughly $205K 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 332 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was August 2022, at 852 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 FOMBY
- Who operates FOMBY?
- FOMBY is operated by Reed Production, Inc., Railroad Commission of Texas operator number 697666.
- Where is FOMBY?
- FOMBY is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31404.
- Is FOMBY still producing?
- FOMBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOMBY is August 2026.
- How much has FOMBY produced?
- FOMBY has reported 82,819 barrels of oil (bbl) to the Railroad Commission of Texas between March 2009 and August 2026, from 7 wellbores.
- How much is FOMBY worth?
- The remaining production from FOMBY is estimated to be worth about $691K in total as of 26 August 2026, within a range of $539K to $843K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOMBY is a fraction of it. The estimate fits an Arps decline curve to the production FOMBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOMBY is an estimate of value, not an offer and not an appraisal.
- How much income does FOMBY generate in a year?
- FOMBY is forecast to net about $205K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOMBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reed Production, Inc. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 31404 |
| Wellbores | 7 |
| Reported production | 82,819 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $691K |
Where FOMBY 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.