FENDER

FENDER is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Texakoma E & P, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 45 barrels. The lease is intermittent. 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 $29K, with roughly $6K 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 5 barrels a month. Its strongest month on the record we hold was April 2026, at 30 barrels. 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 FENDER

Who operates FENDER?
FENDER is operated by Texakoma E & P, LLC, Railroad Commission of Texas operator number 844133.
Where is FENDER?
FENDER is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16159.
Is FENDER still producing?
FENDER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FENDER is August 2026.
How much has FENDER produced?
FENDER has reported 45 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
How much is FENDER worth?
The remaining production from FENDER is estimated to be worth about $29K in total as of 26 August 2026, within a range of $0 to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FENDER is a fraction of it. The estimate fits an Arps decline curve to the production FENDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FENDER is an estimate of value, not an offer and not an appraisal.
How much income does FENDER generate in a year?
FENDER is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FENDER receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FENDER as filed with the Railroad Commission of Texas
OperatorTexakoma E & P, LLC
FieldDriskell Lake (Rodessa)
CountySmith County, Texas
RRC district06
Lease number16159
Wellbores1
Reported production45 bbl
First reported
Last reported
Estimated royalty value$29K

Where FENDER 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.