FREEMAN UNIT
FREEMAN UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by PG&E Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,155,524 thousand cubic feet. The lease is intermittent. 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 $45K, 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 87 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 2,001 thousand cubic feet. 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 FREEMAN UNIT
- Who operates FREEMAN UNIT?
- FREEMAN UNIT is operated by PG&E Resources Company, Railroad Commission of Texas operator number 630794.
- Where is FREEMAN UNIT?
- FREEMAN UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 091450.
- Is FREEMAN UNIT still producing?
- FREEMAN UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FREEMAN UNIT is August 2026.
- How much has FREEMAN UNIT produced?
- FREEMAN UNIT has reported 1,155,524 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FREEMAN UNIT worth?
- The remaining production from FREEMAN UNIT is estimated to be worth about $45K in total as of 26 August 2026, within a range of $25K to $65K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREEMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FREEMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREEMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FREEMAN UNIT generate in a year?
- FREEMAN UNIT 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 FREEMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PG&E Resources Company |
|---|---|
| Field | Reed, N. (Cotton Valley Lime) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 091450 |
| Wellbores | 1 |
| Reported production | 1,155,524 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where FREEMAN 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.