BP-FEE
BP-FEE is a Texas gas lease in Hardin County, Railroad Commission district 03, operated by Union Gas Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 1,334,036 thousand cubic feet. 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 $1.3M, with roughly $273K 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 2,814 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 8,289 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BP-FEE
- Who operates BP-FEE?
- BP-FEE is operated by Union Gas Operating Company, Railroad Commission of Texas operator number 876500.
- Where is BP-FEE?
- BP-FEE is a Texas gas lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 196879.
- Is BP-FEE still producing?
- BP-FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BP-FEE is August 2026.
- How much has BP-FEE produced?
- BP-FEE has reported 1,334,036 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is BP-FEE worth?
- The remaining production from BP-FEE is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BP-FEE is a fraction of it. The estimate fits an Arps decline curve to the production BP-FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BP-FEE is an estimate of value, not an offer and not an appraisal.
- How much income does BP-FEE generate in a year?
- BP-FEE is forecast to net about $273K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BP-FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Gas Operating Company |
|---|---|
| Field | Vickers (Wilcox Middle) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 196879 |
| Wellbores | 1 |
| Reported production | 1,334,036 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where BP-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.