FLECK
FLECK is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,242 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 $9K, with roughly $2K 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 July 2024, at 96 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 FLECK
- Who operates FLECK?
- FLECK is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is FLECK?
- FLECK is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 16193.
- Is FLECK still producing?
- FLECK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLECK is August 2026.
- How much has FLECK produced?
- FLECK has reported 24,242 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FLECK worth?
- The remaining production from FLECK is estimated to be worth about $9K in total as of 26 August 2026, within a range of $0 to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLECK is a fraction of it. The estimate fits an Arps decline curve to the production FLECK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLECK is an estimate of value, not an offer and not an appraisal.
- How much income does FLECK generate in a year?
- FLECK is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLECK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Buda) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 16193 |
| Wellbores | 1 |
| Reported production | 24,242 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where FLECK 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.