PHILLIPS, FEE-HARRIS
PHILLIPS, FEE-HARRIS is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Phillips, B. F. JR., Estate Of. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 101,181 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 $874K, with roughly $168K 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 209 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was August 2018, at 441 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 PHILLIPS, FEE-HARRIS
- Who operates PHILLIPS, FEE-HARRIS?
- PHILLIPS, FEE-HARRIS is operated by Phillips, B. F. JR., Estate Of, Railroad Commission of Texas operator number 662600.
- Where is PHILLIPS, FEE-HARRIS?
- PHILLIPS, FEE-HARRIS is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07674.
- Is PHILLIPS, FEE-HARRIS still producing?
- PHILLIPS, FEE-HARRIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS, FEE-HARRIS is August 2026.
- How much has PHILLIPS, FEE-HARRIS produced?
- PHILLIPS, FEE-HARRIS has reported 101,181 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is PHILLIPS, FEE-HARRIS worth?
- The remaining production from PHILLIPS, FEE-HARRIS is estimated to be worth about $874K in total as of 26 August 2026, within a range of $682K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS, FEE-HARRIS is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS, FEE-HARRIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS, FEE-HARRIS is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS, FEE-HARRIS generate in a year?
- PHILLIPS, FEE-HARRIS is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS, FEE-HARRIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips, B. F. JR., Estate Of |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07674 |
| Wellbores | 5 |
| Reported production | 101,181 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $874K |
Where PHILLIPS, FEE-HARRIS 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.