FLETCH A

FLETCH A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 7 wellbores on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 735,552 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 $2.7M, with roughly $750K 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 854 barrels a month, about 122 per wellbore. Its strongest month on the record we hold was November 2017, at 113,172 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 FLETCH A

Who operates FLETCH A?
FLETCH A is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
Where is FLETCH A?
FLETCH A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49909.
Is FLETCH A still producing?
FLETCH A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLETCH A is August 2026.
How much has FLETCH A produced?
FLETCH A has reported 735,552 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 7 wellbores.
How much is FLETCH A worth?
The remaining production from FLETCH A is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLETCH A is a fraction of it. The estimate fits an Arps decline curve to the production FLETCH A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLETCH A is an estimate of value, not an offer and not an appraisal.
How much income does FLETCH A generate in a year?
FLETCH A is forecast to net about $750K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLETCH A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FLETCH A as filed with the Railroad Commission of Texas
OperatorSM Energy Company
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number49909
Wellbores7
Reported production735,552 bbl
First reported
Last reported
Estimated royalty value$2.7M

Where FLETCH A 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.