FEE, B. P.
FEE, B. P. is a Texas gas lease in Polk County, Railroad Commission district 03, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2003 to August 2026, totalling 7,719,774 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 $24K, with roughly $5K 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 9 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 290 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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, B. P.
- Who operates FEE, B. P.?
- FEE, B. P. is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is FEE, B. P.?
- FEE, B. P. is a Texas gas lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 194348.
- Is FEE, B. P. still producing?
- FEE, B. P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FEE, B. P. is August 2026.
- How much has FEE, B. P. produced?
- FEE, B. P. has reported 7,719,774 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2003 and August 2026, from 1 wellbore.
- How much is FEE, B. P. worth?
- The remaining production from FEE, B. P. is estimated to be worth about $24K in total as of 26 August 2026, within a range of $0 to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FEE, B. P. is a fraction of it. The estimate fits an Arps decline curve to the production FEE, B. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FEE, B. P. is an estimate of value, not an offer and not an appraisal.
- How much income does FEE, B. P. generate in a year?
- FEE, B. P. is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FEE, B. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Jazz (Wilcox 10500) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 194348 |
| Wellbores | 1 |
| Reported production | 7,719,774 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where FEE, B. P. 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.