FANTASY

FANTASY is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 84,726 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 $4.7M, with roughly $1.0M 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 1,447 barrels a month. Its strongest month on the record we hold was March 2024, at 4,183 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 FANTASY

Who operates FANTASY?
FANTASY is operated by Henry Resources LLC, Railroad Commission of Texas operator number 378535.
Where is FANTASY?
FANTASY is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21736.
Is FANTASY still producing?
FANTASY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FANTASY is August 2026.
How much has FANTASY produced?
FANTASY has reported 84,726 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
How much is FANTASY worth?
The remaining production from FANTASY is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FANTASY is a fraction of it. The estimate fits an Arps decline curve to the production FANTASY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FANTASY is an estimate of value, not an offer and not an appraisal.
How much income does FANTASY generate in a year?
FANTASY is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FANTASY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FANTASY as filed with the Railroad Commission of Texas
OperatorHenry Resources LLC
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number21736
Wellbores1
Reported production84,726 bbl
First reported
Last reported
Estimated royalty value$4.7M

Where FANTASY 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.