FEE
FEE is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Mesa Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 346,615 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 $73K, with roughly $11K 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 468 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 695 thousand cubic feet. 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 FEE
- Who operates FEE?
- FEE is operated by Mesa Operating Co., Railroad Commission of Texas operator number 561824.
- Where is FEE?
- FEE is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 160712.
- Is FEE still producing?
- FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE is August 2026.
- How much has FEE produced?
- FEE has reported 346,615 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1996 and August 2026, from 1 wellbore.
- How much is FEE worth?
- The remaining production from FEE is estimated to be worth about $73K in total as of 26 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE is a fraction of it. The estimate fits an Arps decline curve to the production FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE is an estimate of value, not an offer and not an appraisal.
- How much income does FEE generate in a year?
- FEE is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mesa Operating Co. |
|---|---|
| Field | Panhandle, West (Red Cave) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 160712 |
| Wellbores | 1 |
| Reported production | 346,615 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where 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.