FAY
FAY is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Killion Well Service Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 528,303 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 $237K, with roughly $36K 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 1,497 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 2,225 thousand cubic feet. 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 FAY
- Who operates FAY?
- FAY is operated by Killion Well Service Inc., Railroad Commission of Texas operator number 461100.
- Where is FAY?
- FAY is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 079552.
- Is FAY still producing?
- FAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAY is August 2026.
- How much has FAY produced?
- FAY has reported 528,303 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FAY worth?
- The remaining production from FAY is estimated to be worth about $237K in total as of 26 August 2026, within a range of $196K to $277K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAY is a fraction of it. The estimate fits an Arps decline curve to the production FAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAY is an estimate of value, not an offer and not an appraisal.
- How much income does FAY generate in a year?
- FAY is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Killion Well Service Inc. |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 079552 |
| Wellbores | 1 |
| Reported production | 528,303 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $237K |
Where FAY 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.