UL LEAD KING 4035-16
UL LEAD KING 4035-16 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Felix Energy Holdings II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 345,849 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 $2.7M, with roughly $724K 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 1,269 barrels a month. Its strongest month on the record we hold was January 2017, at 20,310 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 LEAD KING 4035-16
- Who operates UL LEAD KING 4035-16?
- UL LEAD KING 4035-16 is operated by Felix Energy Holdings II, LLC, Railroad Commission of Texas operator number 265322.
- Where is UL LEAD KING 4035-16?
- UL LEAD KING 4035-16 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48892.
- Is UL LEAD KING 4035-16 still producing?
- UL LEAD KING 4035-16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL LEAD KING 4035-16 is August 2026.
- How much has UL LEAD KING 4035-16 produced?
- UL LEAD KING 4035-16 has reported 345,849 barrels of oil (bbl) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
- How much is UL LEAD KING 4035-16 worth?
- The remaining production from UL LEAD KING 4035-16 is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.3M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL LEAD KING 4035-16 is a fraction of it. The estimate fits an Arps decline curve to the production UL LEAD KING 4035-16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL LEAD KING 4035-16 is an estimate of value, not an offer and not an appraisal.
- How much income does UL LEAD KING 4035-16 generate in a year?
- UL LEAD KING 4035-16 is forecast to net about $724K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL LEAD KING 4035-16 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 | 48892 |
| Wellbores | 1 |
| Reported production | 345,849 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where UL LEAD KING 4035-16 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.