FREIS UNIT
FREIS UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Geosouthern Operating II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 169,638 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 $1.8M, with roughly $442K 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 545 barrels a month. Its strongest month on the record we hold was February 2018, at 13,315 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 FREIS UNIT
- Who operates FREIS UNIT?
- FREIS UNIT is operated by Geosouthern Operating II, LLC, Railroad Commission of Texas operator number 301273.
- Where is FREIS UNIT?
- FREIS UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27342.
- Is FREIS UNIT still producing?
- FREIS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREIS UNIT is August 2026.
- How much has FREIS UNIT produced?
- FREIS UNIT has reported 169,638 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is FREIS UNIT worth?
- The remaining production from FREIS UNIT is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREIS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FREIS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREIS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FREIS UNIT generate in a year?
- FREIS UNIT is forecast to net about $442K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FREIS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Operating II, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 27342 |
| Wellbores | 1 |
| Reported production | 169,638 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where FREIS UNIT 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.