FANCHER, L. O.
FANCHER, L. O. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Threshold Development Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,835 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 $41K, with roughly $8K 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 10 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was October 2018, at 58 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FANCHER, L. O.
- Who operates FANCHER, L. O.?
- FANCHER, L. O. is operated by Threshold Development Company, Railroad Commission of Texas operator number 858240.
- Where is FANCHER, L. O.?
- FANCHER, L. O. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 09793.
- Is FANCHER, L. O. still producing?
- FANCHER, L. O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FANCHER, L. O. is August 2026.
- How much has FANCHER, L. O. produced?
- FANCHER, L. O. has reported 23,835 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is FANCHER, L. O. worth?
- The remaining production from FANCHER, L. O. is estimated to be worth about $41K in total as of 26 August 2026, within a range of $23K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FANCHER, L. O. is a fraction of it. The estimate fits an Arps decline curve to the production FANCHER, L. O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FANCHER, L. O. is an estimate of value, not an offer and not an appraisal.
- How much income does FANCHER, L. O. generate in a year?
- FANCHER, L. O. is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FANCHER, L. O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Threshold Development Company |
|---|---|
| Field | Boonsville (Caddo Congl., N.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 09793 |
| Wellbores | 4 |
| Reported production | 23,835 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where FANCHER, L. O. 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.