FELIX
FELIX is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Exxcel Production Company. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,954 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 $657K, with roughly $103K 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 60 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2020, at 251 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FELIX
- Who operates FELIX?
- FELIX is operated by Exxcel Production Company, Railroad Commission of Texas operator number 257092.
- Where is FELIX?
- FELIX is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05118.
- Is FELIX still producing?
- FELIX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FELIX is August 2026.
- How much has FELIX produced?
- FELIX has reported 33,954 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is FELIX worth?
- The remaining production from FELIX is estimated to be worth about $657K in total as of 26 August 2026, within a range of $361K to $952K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FELIX is a fraction of it. The estimate fits an Arps decline curve to the production FELIX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FELIX is an estimate of value, not an offer and not an appraisal.
- How much income does FELIX generate in a year?
- FELIX is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FELIX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxcel Production Company |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 05118 |
| Wellbores | 14 |
| Reported production | 33,954 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $657K |
Where FELIX 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.