FLETCHER
FLETCHER is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Hep Oil Company, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 204,868 thousand cubic feet. 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 $26K, with roughly $3K 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 112 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 619 thousand cubic feet. 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
- Who operates FLETCHER?
- FLETCHER is operated by Hep Oil Company, Ltd., Railroad Commission of Texas operator number 379520.
- Where is FLETCHER?
- FLETCHER is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 190367.
- Is FLETCHER still producing?
- FLETCHER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLETCHER is August 2026.
- How much has FLETCHER produced?
- FLETCHER has reported 204,868 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is FLETCHER worth?
- The remaining production from FLETCHER is estimated to be worth about $26K in total as of 26 August 2026, within a range of $20K to $32K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLETCHER is a fraction of it. The estimate fits an Arps decline curve to the production FLETCHER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLETCHER is an estimate of value, not an offer and not an appraisal.
- How much income does FLETCHER generate in a year?
- FLETCHER is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLETCHER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hep Oil Company, Ltd. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 190367 |
| Wellbores | 1 |
| Reported production | 204,868 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where FLETCHER 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.