FEE
FEE is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Craig, J. E. G. Estate. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,854 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 $287K, with roughly $55K 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 72 barrels a month. Its strongest month on the record we hold was May 2016, at 113 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 FEE
- Who operates FEE?
- FEE is operated by Craig, J. E. G. Estate, Railroad Commission of Texas operator number 186501.
- Where is FEE?
- FEE is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06752.
- Is FEE still producing?
- FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE is August 2026.
- How much has FEE produced?
- FEE has reported 47,854 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FEE worth?
- The remaining production from FEE is estimated to be worth about $287K in total as of 26 August 2026, within a range of $158K to $416K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE is a fraction of it. The estimate fits an Arps decline curve to the production FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE is an estimate of value, not an offer and not an appraisal.
- How much income does FEE generate in a year?
- FEE is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craig, J. E. G. Estate |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06752 |
| Wellbores | 1 |
| Reported production | 47,854 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $287K |
Where FEE 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.