FELPS
FELPS is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Rio-Tex, Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 203,356 barrels. The lease is intermittent. 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 $197K, with roughly $38K 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 39 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was August 2016, at 1,605 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 FELPS
- Who operates FELPS?
- FELPS is operated by Rio-Tex, Inc., Railroad Commission of Texas operator number 712930.
- Where is FELPS?
- FELPS is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15121.
- Is FELPS still producing?
- FELPS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FELPS is August 2026.
- How much has FELPS produced?
- FELPS has reported 203,356 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 2 wellbores.
- How much is FELPS worth?
- The remaining production from FELPS is estimated to be worth about $197K in total as of 26 August 2026, within a range of $108K to $285K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FELPS is a fraction of it. The estimate fits an Arps decline curve to the production FELPS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FELPS is an estimate of value, not an offer and not an appraisal.
- How much income does FELPS generate in a year?
- FELPS is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FELPS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rio-Tex, Inc. |
|---|---|
| Field | Comanche-Halsell (6500) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 15121 |
| Wellbores | 2 |
| Reported production | 203,356 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $197K |
Where FELPS 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.