UL 20 FLATHEAD
UL 20 FLATHEAD is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Forge Energy, LLC. It has 4 wellbores on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 442,744 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 $3.4M, with roughly $1.8M 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 2,979 barrels a month, about 745 per wellbore. Its strongest month on the record we hold was August 2017, at 16,624 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 20 FLATHEAD
- Who operates UL 20 FLATHEAD?
- UL 20 FLATHEAD is operated by Forge Energy, LLC, Railroad Commission of Texas operator number 276868.
- Where is UL 20 FLATHEAD?
- UL 20 FLATHEAD is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48623.
- Is UL 20 FLATHEAD still producing?
- UL 20 FLATHEAD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL 20 FLATHEAD is August 2026.
- How much has UL 20 FLATHEAD produced?
- UL 20 FLATHEAD has reported 442,744 barrels of oil (bbl) to the Railroad Commission of Texas between December 2016 and August 2026, from 4 wellbores.
- How much is UL 20 FLATHEAD worth?
- The remaining production from UL 20 FLATHEAD is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL 20 FLATHEAD is a fraction of it. The estimate fits an Arps decline curve to the production UL 20 FLATHEAD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL 20 FLATHEAD is an estimate of value, not an offer and not an appraisal.
- How much income does UL 20 FLATHEAD generate in a year?
- UL 20 FLATHEAD is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UL 20 FLATHEAD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forge Energy, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 48623 |
| Wellbores | 4 |
| Reported production | 442,744 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where UL 20 FLATHEAD 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.