AMOCO FEE #1
AMOCO FEE #1 is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Radley Electric, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,528 barrels. The lease is intermittent. 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 $216K, with roughly $42K 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 23 barrels a month. Its strongest month on the record we hold was May 2019, at 338 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 AMOCO FEE #1
- Who operates AMOCO FEE #1?
- AMOCO FEE #1 is operated by Radley Electric, Inc., Railroad Commission of Texas operator number 687842.
- Where is AMOCO FEE #1?
- AMOCO FEE #1 is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 10925.
- Is AMOCO FEE #1 still producing?
- AMOCO FEE #1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for AMOCO FEE #1 is August 2026.
- How much has AMOCO FEE #1 produced?
- AMOCO FEE #1 has reported 17,528 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is AMOCO FEE #1 worth?
- The remaining production from AMOCO FEE #1 is estimated to be worth about $216K in total as of 26 August 2026, within a range of $119K to $314K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AMOCO FEE #1 is a fraction of it. The estimate fits an Arps decline curve to the production AMOCO FEE #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AMOCO FEE #1 is an estimate of value, not an offer and not an appraisal.
- How much income does AMOCO FEE #1 generate in a year?
- AMOCO FEE #1 is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AMOCO FEE #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Radley Electric, Inc. |
|---|---|
| Field | Sour Lake |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 10925 |
| Wellbores | 1 |
| Reported production | 17,528 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where AMOCO FEE #1 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.