Texas oil lease · RRC district 7C · Lease 13902
ProducingFANDANGO
Fandango is an oil lease in Reagan County, Texas, operated by Extex Operating Company in the Sledgehammer (Fusselman) field. The Railroad Commission shows 7,818 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 2 wells
- Operator
- Extex Operating Company
- County
- Reagan County
- RRC lease
- 7C-13902
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Where it sits
This county
- Gas, last 12 months
- 15,213 mcf
- Oil in Jul 2026
- 495 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 2
Production
Month by month, from the state record
Oil output fell 17% over the last 12 months
7,818 bbl in the 12 months through Jul 2026, against 9,396 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 13902, district 7C. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Aug 2023.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 13902, district 7C. Reported through Jul 2026.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
Over the last 12 months, 100.0% of the gas was flared. 35 months went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
The operator changed once, most recently in Feb 2021
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Extex Operating Company Feb 2021 to now
- Legacy Reserves Operating LP Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
2 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-383-34450 | 1 | Active | – |
| 42-383-34732 | 2 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 7C, lease 13902.
Who buys and gathers
Who moves and buys this lease's production
Oil
Rio Energy International, Inc. gathers it.
100% of it, on the list since Jul 1, 2025
Companies that used to be listed: Targa Pl Mid-Cont Westtex LLC (gathers it, until Jul 1, 2025); Targa Pl Mid-Cont Westtex LLC (buys it, until Jul 1, 2025); Plains Marketing, L.p. (gathers it, until Jul 1, 2025).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
1,368 acres on the newest permit
- Wells on the permits
- 21 not plugged
- Horizontal
- 0
- First completion
- Oct 13, 1995
- Latest permit
- Feb 28, 1997
The wells on this lease state different acreage
The permits state between 320 and 1,368 acres. Use the acres from your own division order for the well you are paid on.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-34732 | 2 | Feb 28, 1997 | Jun 3, 1997 | 1,368 |
| 42-383-34450 | 1 | Aug 8, 1995 | Oct 13, 1995 | 320 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says FANDANGO sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Extex Operating | 495 | 476 | 1,161 | 0 | 1,161 | $80.46 | $2.89 |
| Jun 2026Extex Operating | 618 | 845 | 1,359 | 0 | 1,359 | $84.81 | $3.15 |
| May 2026Extex Operating | 593 | 465 | 1,365 | 0 | 1,365 | $102.13 | $2.94 |
| Apr 2026Extex Operating | 784 | 663 | 1,258 | 0 | 1,258 | $100.32 | $2.77 |
| Mar 2026Extex Operating | 537 | 614 | 1,279 | 0 | 1,279 | $91.38 | $3.04 |
| Feb 2026Extex Operating | 745 | 668 | 1,176 | 0 | 1,176 | $64.51 | $3.62 |
| Jan 2026Extex Operating | 139 | 382 | 982 | 0 | 982 | $60.04 | $7.72 |
| Dec 2025Extex Operating | 976 | 989 | 1,436 | 0 | 1,436 | $57.97 | $4.26 |
| Nov 2025Extex Operating | 784 | 599 | 1,306 | 0 | 1,306 | $60.06 | $3.79 |
| Oct 2025Extex Operating | 759 | 993 | 1,350 | 0 | 1,350 | $60.89 | $3.19 |
| Sep 2025Extex Operating | 830 | 817 | 1,367 | 0 | 1,367 | $63.96 | $2.97 |
| Aug 2025Extex Operating | 558 | 409 | 1,174 | 0 | 1,174 | $64.86 | $2.91 |
| Jul 2025Extex Operating | 1,259 | 1,425 | 1,363 | 0 | 1,363 | $68.39 | $3.20 |
| Jun 2025Extex Operating | 508 | 365 | 1,110 | 0 | 1,110 | $68.17 | $3.02 |
| May 2025Extex Operating | 905 | 924 | 1,354 | 0 | 1,354 | $62.17 | $3.12 |
| Apr 2025Extex Operating | 574 | 742 | 1,164 | 0 | 1,164 | $63.54 | $3.42 |
| Mar 2025Extex Operating | 1,130 | 1,271 | 1,363 | 0 | 1,363 | $68.24 | $4.12 |
| Feb 2025Extex Operating | 1,709 | 1,435 | 1,624 | 0 | 1,624 | $71.53 | $4.19 |
| Jan 2025Extex Operating | 740 | 749 | 946 | 0 | 946 | $75.74 | $4.13 |
| Dec 2024Extex Operating | 610 | 723 | 954 | 0 | 954 | $70.12 | $3.01 |
| Nov 2024Extex Operating | 532 | 184 | 1,023 | 0 | 1,023 | $69.95 | $2.12 |
| Oct 2024Extex Operating | 260 | 506 | 810 | 0 | 810 | $71.99 | $2.20 |
| Sep 2024Extex Operating | 436 | 185 | 1,169 | 0 | 1,169 | $70.24 | $2.28 |
| Aug 2024Extex Operating | 733 | 1,091 | 1,300 | 0 | 1,300 | $76.68 | $1.99 |
| Jul 2024Extex Operating | 1,028 | 877 | 1,312 | 0 | 1,312 | $81.80 | $2.07 |
| Jun 2024Extex Operating | 1,060 | 1,076 | 1,296 | 0 | 1,296 | $79.77 | $2.54 |
| May 2024Extex Operating | 576 | 736 | 1,283 | 0 | 1,283 | $80.02 | $2.12 |
| Apr 2024Extex Operating | 936 | 550 | 1,042 | 0 | 1,042 | $85.35 | $1.60 |
| Mar 2024Extex Operating | 458 | 750 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Extex Operating | 773 | 746 | 2,306 | 0 | 2,306 | $77.25 | $1.72 |
| Jan 2024Extex Operating | 1,327 | 1,321 | 2,768 | 0 | 2,768 | $74.15 | $3.18 |
| Dec 2023Extex Operating | 1,448 | 1,263 | 2,442 | 0 | 2,442 | $71.90 | $2.52 |
| Nov 2023Extex Operating | 1,029 | 933 | 1,940 | 0 | 1,940 | $77.69 | $2.71 |
| Oct 2023Extex Operating | 783 | 1,084 | 1,970 | 0 | 1,970 | $85.64 | $2.98 |
| Sep 2023Extex Operating | 1,331 | 1,295 | 2,254 | 0 | 2,254 | $89.43 | $2.64 |
| Aug 2023Extex Operating | 959 | 917 | 2,066 | 0 | 2,066 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
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- A month that was never paid
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- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Extex Operating Company in Reagan County
- UNIVERSITY TEMA
7,099 bbl last 12 months
- BALINESE
5,896 bbl last 12 months
- UNIVERSITY "49-7"
2,693 bbl last 12 months
- UNIVERSITY SYLVIA
2,327 bbl last 12 months
- 0NIVERSITY COURTNEY
2,162 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- ROCKER B-40
0 bbl last 12 months · 0.7 km away
- ROCKER B '14'
0 bbl last 12 months · 1.2 km away
- ROCKER B '17'
0 bbl last 12 months · 1.3 km away
- ROCKER "B" 52
2,540 bbl last 12 months · 1.4 km away
- SRH-C-
2,364 bbl last 12 months · 1.5 km away
Drilling permits within 10 km
SRH-C-1 #0222WF
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 4.1 km away
Permit 0918600 · Sep 21, 2026
NORTH CREEK H #0401LA
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 4.1 km away
Permit 0918150 · Sep 4, 2026
NORTH CREEK C #0416MB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 4.1 km away
Permit 0918147 · Sep 4, 2026
NORTH CREEK D #0417MB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 4.1 km away
Permit 0918148 · Sep 4, 2026
NORTH CREEK G #0404MB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 4.1 km away
Permit 0918152 · Sep 3, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 13902, district 7C, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.