FLETCHER LAKE SAND UNIT
FLETCHER LAKE SAND UNIT is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Petrogulf, Corporation. It has 20 wellbores on file with the Commission. Reported production runs from April 1998 to August 2026, totalling 59,725 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 $125K, with roughly $24K 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 33 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was September 2024, at 254 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FLETCHER LAKE SAND UNIT
- Who operates FLETCHER LAKE SAND UNIT?
- FLETCHER LAKE SAND UNIT is operated by Petrogulf, Corporation, Railroad Commission of Texas operator number 660254.
- Where is FLETCHER LAKE SAND UNIT?
- FLETCHER LAKE SAND UNIT is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28443.
- Is FLETCHER LAKE SAND UNIT still producing?
- FLETCHER LAKE SAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLETCHER LAKE SAND UNIT is August 2026.
- How much has FLETCHER LAKE SAND UNIT produced?
- FLETCHER LAKE SAND UNIT has reported 59,725 barrels of oil (bbl) to the Railroad Commission of Texas between April 1998 and August 2026, from 20 wellbores.
- How much is FLETCHER LAKE SAND UNIT worth?
- The remaining production from FLETCHER LAKE SAND UNIT is estimated to be worth about $125K in total as of 26 August 2026, within a range of $69K to $182K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLETCHER LAKE SAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FLETCHER LAKE SAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLETCHER LAKE SAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FLETCHER LAKE SAND UNIT generate in a year?
- FLETCHER LAKE SAND UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLETCHER LAKE SAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrogulf, Corporation |
|---|---|
| Field | Fletcher (Lake Sand) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 28443 |
| Wellbores | 20 |
| Reported production | 59,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $125K |
Where FLETCHER LAKE SAND 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.