FANDANGO
FANDANGO is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Collins & Ware, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 1,262,932 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 $2.3M, with roughly $516K 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 732 barrels a month, about 366 per wellbore. Its strongest month on the record we hold was October 2016, at 4,320 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 FANDANGO
- Who operates FANDANGO?
- FANDANGO is operated by Collins & Ware, Inc., Railroad Commission of Texas operator number 168348.
- Where is FANDANGO?
- FANDANGO is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13902.
- Is FANDANGO still producing?
- FANDANGO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FANDANGO is August 2026.
- How much has FANDANGO produced?
- FANDANGO has reported 1,262,932 barrels of oil (bbl) to the Railroad Commission of Texas between October 1995 and August 2026, from 2 wellbores.
- How much is FANDANGO worth?
- The remaining production from FANDANGO is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FANDANGO is a fraction of it. The estimate fits an Arps decline curve to the production FANDANGO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FANDANGO is an estimate of value, not an offer and not an appraisal.
- How much income does FANDANGO generate in a year?
- FANDANGO is forecast to net about $516K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FANDANGO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Collins & Ware, Inc. |
|---|---|
| Field | Sledgehammer (Fusselman) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 13902 |
| Wellbores | 2 |
| Reported production | 1,262,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where FANDANGO 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.