FREE-B
FREE-B is a Texas oil lease in Upshur County, Railroad Commission district 6E, operated by CNS Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 57,859 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 $528K, with roughly $102K 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 130 barrels a month, about 65 per wellbore. Its strongest month on the record we hold was May 2016, at 243 barrels. 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 FREE-B
- Who operates FREE-B?
- FREE-B is operated by CNS Energy, Inc., Railroad Commission of Texas operator number 161421.
- Where is FREE-B?
- FREE-B is a Texas oil lease in Upshur County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06672.
- Is FREE-B still producing?
- FREE-B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREE-B is August 2026.
- How much has FREE-B produced?
- FREE-B has reported 57,859 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is FREE-B worth?
- The remaining production from FREE-B is estimated to be worth about $528K in total as of 26 August 2026, within a range of $412K to $645K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREE-B is a fraction of it. The estimate fits an Arps decline curve to the production FREE-B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREE-B is an estimate of value, not an offer and not an appraisal.
- How much income does FREE-B generate in a year?
- FREE-B is forecast to net about $102K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FREE-B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CNS Energy, Inc. |
|---|---|
| Field | East Texas |
| County | Upshur County, Texas |
| RRC district | 6E |
| Lease number | 06672 |
| Wellbores | 2 |
| Reported production | 57,859 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $528K |
Where FREE-B 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.