FRIEBE, EUGENE
FRIEBE, EUGENE is a Texas oil lease in Bastrop County, Railroad Commission district 03, operated by Ernest Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,092 barrels. The lease is shut in. 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 $30K, with roughly $6K 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 4 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was February 2018, at 79 barrels.
Key facts about FRIEBE, EUGENE
- Who operates FRIEBE, EUGENE?
- FRIEBE, EUGENE is operated by Ernest Operating Company, Railroad Commission of Texas operator number 253480.
- Where is FRIEBE, EUGENE?
- FRIEBE, EUGENE is a Texas oil lease in Bastrop County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 20309.
- Is FRIEBE, EUGENE still producing?
- FRIEBE, EUGENE is shut in. The most recent month of production reported to the Railroad Commission of Texas for FRIEBE, EUGENE is August 2026.
- How much has FRIEBE, EUGENE produced?
- FRIEBE, EUGENE has reported 24,092 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is FRIEBE, EUGENE worth?
- The remaining production from FRIEBE, EUGENE is estimated to be worth about $30K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIEBE, EUGENE is a fraction of it. The estimate fits an Arps decline curve to the production FRIEBE, EUGENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIEBE, EUGENE is an estimate of value, not an offer and not an appraisal.
- How much income does FRIEBE, EUGENE generate in a year?
- FRIEBE, EUGENE is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRIEBE, EUGENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ernest Operating Company |
|---|---|
| Field | Serbin (Taylor Sand) |
| County | Bastrop County, Texas |
| RRC district | 03 |
| Lease number | 20309 |
| Wellbores | 2 |
| Reported production | 24,092 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where FRIEBE, EUGENE 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.