FREEMAN
FREEMAN is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Itx Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 15,228 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 $197, with roughly $25 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 1 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 12 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 FREEMAN
- Who operates FREEMAN?
- FREEMAN is operated by Itx Corporation, Railroad Commission of Texas operator number 427179.
- Where is FREEMAN?
- FREEMAN is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 212977.
- Is FREEMAN still producing?
- FREEMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREEMAN is August 2026.
- How much has FREEMAN produced?
- FREEMAN has reported 15,228 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is FREEMAN worth?
- The remaining production from FREEMAN is estimated to be worth about $197 in total as of 26 August 2026, within a range of $0 to $395. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREEMAN is a fraction of it. The estimate fits an Arps decline curve to the production FREEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does FREEMAN generate in a year?
- FREEMAN is forecast to net about $25 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FREEMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Itx Corporation |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 212977 |
| Wellbores | 1 |
| Reported production | 15,228 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $197 |
Where FREEMAN 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.