FLETCHER LEE
FLETCHER LEE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Amtex Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 115,827 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 $458K, with roughly $85K 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 139 barrels a month. Its strongest month on the record we hold was July 2018, at 5,427 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LEE
- Who operates FLETCHER LEE?
- FLETCHER LEE is operated by Amtex Energy, Inc., Railroad Commission of Texas operator number 020522.
- Where is FLETCHER LEE?
- FLETCHER LEE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50275.
- Is FLETCHER LEE still producing?
- FLETCHER LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLETCHER LEE is August 2026.
- How much has FLETCHER LEE produced?
- FLETCHER LEE has reported 115,827 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is FLETCHER LEE worth?
- The remaining production from FLETCHER LEE is estimated to be worth about $458K in total as of 26 August 2026, within a range of $357K to $559K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLETCHER LEE is a fraction of it. The estimate fits an Arps decline curve to the production FLETCHER LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLETCHER LEE is an estimate of value, not an offer and not an appraisal.
- How much income does FLETCHER LEE generate in a year?
- FLETCHER LEE is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLETCHER LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amtex Energy, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 50275 |
| Wellbores | 1 |
| Reported production | 115,827 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $458K |
Where FLETCHER LEE 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.