PHYLLIS
PHYLLIS is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 118,079 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 $339K, with roughly $63K 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 83 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was February 2024, at 178 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 PHYLLIS
- Who operates PHYLLIS?
- PHYLLIS is operated by U. S. Operating, Inc., Railroad Commission of Texas operator number 875431.
- Where is PHYLLIS?
- PHYLLIS is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 16708.
- Is PHYLLIS still producing?
- PHYLLIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHYLLIS is August 2026.
- How much has PHYLLIS produced?
- PHYLLIS has reported 118,079 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PHYLLIS worth?
- The remaining production from PHYLLIS is estimated to be worth about $339K in total as of 27 August 2026, within a range of $186K to $491K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHYLLIS is a fraction of it. The estimate fits an Arps decline curve to the production PHYLLIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHYLLIS is an estimate of value, not an offer and not an appraisal.
- How much income does PHYLLIS generate in a year?
- PHYLLIS is forecast to net about $63K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PHYLLIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U. S. Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 16708 |
| Wellbores | 2 |
| Reported production | 118,079 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $339K |
Where PHYLLIS 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.