WARE FEE
WARE FEE is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by A & B Well Service Inc. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 116,947 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 $338K, with roughly $65K 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 77 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was October 2017, at 340 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 WARE FEE
- Who operates WARE FEE?
- WARE FEE is operated by A & B Well Service Inc., Railroad Commission of Texas operator number 000139.
- Where is WARE FEE?
- WARE FEE is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00982.
- Is WARE FEE still producing?
- WARE FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARE FEE is August 2026.
- How much has WARE FEE produced?
- WARE FEE has reported 116,947 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is WARE FEE worth?
- The remaining production from WARE FEE is estimated to be worth about $338K in total as of 26 August 2026, within a range of $186K to $490K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARE FEE is a fraction of it. The estimate fits an Arps decline curve to the production WARE FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARE FEE is an estimate of value, not an offer and not an appraisal.
- How much income does WARE FEE generate in a year?
- WARE FEE is forecast to net about $65K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARE FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | A & B Well Service Inc. |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 00982 |
| Wellbores | 18 |
| Reported production | 116,947 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $338K |
Where WARE 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.