UL FOURMILE 2140-17
UL FOURMILE 2140-17 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Felix Energy Holdings II, LLC. It has 6 wellbores on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 466,684 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 $12.8M, with roughly $2.8M 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 4,156 barrels a month, about 693 per wellbore. Its strongest month on the record we hold was June 2017, at 15,780 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 UL FOURMILE 2140-17
- Who operates UL FOURMILE 2140-17?
- UL FOURMILE 2140-17 is operated by Felix Energy Holdings II, LLC, Railroad Commission of Texas operator number 265322.
- Where is UL FOURMILE 2140-17?
- UL FOURMILE 2140-17 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48889.
- Is UL FOURMILE 2140-17 still producing?
- UL FOURMILE 2140-17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL FOURMILE 2140-17 is August 2026.
- How much has UL FOURMILE 2140-17 produced?
- UL FOURMILE 2140-17 has reported 466,684 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 6 wellbores.
- How much is UL FOURMILE 2140-17 worth?
- The remaining production from UL FOURMILE 2140-17 is estimated to be worth about $12.8M in total as of 27 August 2026, within a range of $10.6M to $14.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL FOURMILE 2140-17 is a fraction of it. The estimate fits an Arps decline curve to the production UL FOURMILE 2140-17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL FOURMILE 2140-17 is an estimate of value, not an offer and not an appraisal.
- How much income does UL FOURMILE 2140-17 generate in a year?
- UL FOURMILE 2140-17 is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL FOURMILE 2140-17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felix Energy Holdings II, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48889 |
| Wellbores | 6 |
| Reported production | 466,684 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.8M |
Where UL FOURMILE 2140-17 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.