TEXACO FEE 207
TEXACO FEE 207 is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Saxet Energy, Ltd. It has 5 wellbores on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 119,296 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 $858K, with roughly $194K 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 274 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was March 2022, at 567 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 TEXACO FEE 207
- Who operates TEXACO FEE 207?
- TEXACO FEE 207 is operated by Saxet Energy, Ltd., Railroad Commission of Texas operator number 749273.
- Where is TEXACO FEE 207?
- TEXACO FEE 207 is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 12941.
- Is TEXACO FEE 207 still producing?
- TEXACO FEE 207 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO FEE 207 is August 2026.
- How much has TEXACO FEE 207 produced?
- TEXACO FEE 207 has reported 119,296 barrels of oil (bbl) to the Railroad Commission of Texas between May 2000 and August 2026, from 5 wellbores.
- How much is TEXACO FEE 207 worth?
- The remaining production from TEXACO FEE 207 is estimated to be worth about $858K in total as of 26 August 2026, within a range of $669K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO FEE 207 is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO FEE 207 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO FEE 207 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO FEE 207 generate in a year?
- TEXACO FEE 207 is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO FEE 207 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saxet Energy, Ltd. |
|---|---|
| Field | Govt. Wells, N. |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 12941 |
| Wellbores | 5 |
| Reported production | 119,296 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $858K |
Where TEXACO FEE 207 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.