FORD, FRED
FORD, FRED is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,016 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 $213K, 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 47 barrels a month. Its strongest month on the record we hold was March 2018, at 120 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 FORD, FRED
- Who operates FORD, FRED?
- FORD, FRED is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is FORD, FRED?
- FORD, FRED is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14055.
- Is FORD, FRED still producing?
- FORD, FRED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORD, FRED is August 2026.
- How much has FORD, FRED produced?
- FORD, FRED has reported 17,016 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FORD, FRED worth?
- The remaining production from FORD, FRED is estimated to be worth about $213K in total as of 26 August 2026, within a range of $117K to $310K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORD, FRED is a fraction of it. The estimate fits an Arps decline curve to the production FORD, FRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORD, FRED is an estimate of value, not an offer and not an appraisal.
- How much income does FORD, FRED generate in a year?
- FORD, FRED 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 FORD, FRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Dimock (Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 14055 |
| Wellbores | 1 |
| Reported production | 17,016 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $213K |
Where FORD, FRED 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.