ALETHA 26
ALETHA 26 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Firebird Energy II LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 194,935 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 $10.3M, with roughly $3.0M 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 4,050 barrels a month. Its strongest month on the record we hold was January 2024, at 36,754 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 ALETHA 26
- Who operates ALETHA 26?
- ALETHA 26 is operated by Firebird Energy II LLC, Railroad Commission of Texas operator number 101413.
- Where is ALETHA 26?
- ALETHA 26 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22151.
- Is ALETHA 26 still producing?
- ALETHA 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALETHA 26 is August 2026.
- How much has ALETHA 26 produced?
- ALETHA 26 has reported 194,935 barrels of oil (bbl) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is ALETHA 26 worth?
- The remaining production from ALETHA 26 is estimated to be worth about $10.3M in total as of 26 August 2026, within a range of $8.6M to $12.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALETHA 26 is a fraction of it. The estimate fits an Arps decline curve to the production ALETHA 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALETHA 26 is an estimate of value, not an offer and not an appraisal.
- How much income does ALETHA 26 generate in a year?
- ALETHA 26 is forecast to net about $3.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALETHA 26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Firebird Energy II LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22151 |
| Wellbores | 1 |
| Reported production | 194,935 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.3M |
Where ALETHA 26 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.