FRED, I.
FRED, I. is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Freedom Energy, Inc. (I). It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 56,286 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $26K, with roughly $4K expected over the next twelve months.
| Operator | Freedom Energy, Inc. (I) |
|---|---|
| Field | Miller Block B-29 (Penn.) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 18183 |
| Wellbores | 2 |
| Reported production | 56,286 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $26K |
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.