LOVING FEE -A-
LOVING FEE -A- is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Pitts Energy Co. It has 4 wellbores on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 72,613 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 $843K, with roughly $162K 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 225 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was April 2024, at 599 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 LOVING FEE -A-
- Who operates LOVING FEE -A-?
- LOVING FEE -A- is operated by Pitts Energy Co., Railroad Commission of Texas operator number 666430.
- Where is LOVING FEE -A-?
- LOVING FEE -A- is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38261.
- Is LOVING FEE -A- still producing?
- LOVING FEE -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVING FEE -A- is August 2026.
- How much has LOVING FEE -A- produced?
- LOVING FEE -A- has reported 72,613 barrels of oil (bbl) to the Railroad Commission of Texas between July 2007 and August 2026, from 4 wellbores.
- How much is LOVING FEE -A- worth?
- The remaining production from LOVING FEE -A- is estimated to be worth about $843K in total as of 26 August 2026, within a range of $658K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVING FEE -A- is a fraction of it. The estimate fits an Arps decline curve to the production LOVING FEE -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVING FEE -A- is an estimate of value, not an offer and not an appraisal.
- How much income does LOVING FEE -A- generate in a year?
- LOVING FEE -A- is forecast to net about $162K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVING FEE -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitts Energy Co. |
|---|---|
| Field | Dimmitt (Delaware Cons) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 38261 |
| Wellbores | 4 |
| Reported production | 72,613 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $843K |
Where LOVING FEE -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.