EXXON FEE "R"
EXXON FEE "R" is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Primrose Operating Company. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 137,703 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 $724K, with roughly $139K 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 188 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was March 2021, at 265 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 EXXON FEE "R"
- Who operates EXXON FEE "R"?
- EXXON FEE "R" is operated by Primrose Operating Company, Railroad Commission of Texas operator number 677885.
- Where is EXXON FEE "R"?
- EXXON FEE "R" is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64174.
- Is EXXON FEE "R" still producing?
- EXXON FEE "R" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EXXON FEE "R" is August 2026.
- How much has EXXON FEE "R" produced?
- EXXON FEE "R" has reported 137,703 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is EXXON FEE "R" worth?
- The remaining production from EXXON FEE "R" is estimated to be worth about $724K in total as of 26 August 2026, within a range of $564K to $883K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EXXON FEE "R" is a fraction of it. The estimate fits an Arps decline curve to the production EXXON FEE "R" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EXXON FEE "R" is an estimate of value, not an offer and not an appraisal.
- How much income does EXXON FEE "R" generate in a year?
- EXXON FEE "R" is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EXXON FEE "R" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primrose Operating Company |
|---|---|
| Field | Dorward |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 64174 |
| Wellbores | 8 |
| Reported production | 137,703 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $724K |
Where EXXON FEE "R" 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.