FELLERS STATE UNIT
FELLERS STATE UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Atlantic Exploration, LLC. It has 7 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 1,985,707 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 $8.5M, with roughly $2.5M 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 3,801 barrels a month, about 543 per wellbore. Its strongest month on the record we hold was November 2017, at 81,565 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FELLERS STATE UNIT
- Who operates FELLERS STATE UNIT?
- FELLERS STATE UNIT is operated by Atlantic Exploration, LLC, Railroad Commission of Texas operator number 036537.
- Where is FELLERS STATE UNIT?
- FELLERS STATE UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45199.
- Is FELLERS STATE UNIT still producing?
- FELLERS STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FELLERS STATE UNIT is August 2026.
- How much has FELLERS STATE UNIT produced?
- FELLERS STATE UNIT has reported 1,985,707 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 7 wellbores.
- How much is FELLERS STATE UNIT worth?
- The remaining production from FELLERS STATE UNIT is estimated to be worth about $8.5M in total as of 26 August 2026, within a range of $7.1M to $10.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FELLERS STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FELLERS STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FELLERS STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FELLERS STATE UNIT generate in a year?
- FELLERS STATE UNIT is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FELLERS STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atlantic Exploration, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45199 |
| Wellbores | 7 |
| Reported production | 1,985,707 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.5M |
Where FELLERS STATE UNIT 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.