FRIO NS 34-39 02
FRIO NS 34-39 02 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 342,090 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 $2.8M, with roughly $408K 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 278 barrels a month, about 139 per wellbore. Its strongest month on the record we hold was May 2016, at 17,929 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 FRIO NS 34-39 02
- Who operates FRIO NS 34-39 02?
- FRIO NS 34-39 02 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is FRIO NS 34-39 02?
- FRIO NS 34-39 02 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47687.
- Is FRIO NS 34-39 02 still producing?
- FRIO NS 34-39 02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRIO NS 34-39 02 is August 2026.
- How much has FRIO NS 34-39 02 produced?
- FRIO NS 34-39 02 has reported 342,090 barrels of oil (bbl) to the Railroad Commission of Texas between February 2016 and August 2026, from 2 wellbores.
- How much is FRIO NS 34-39 02 worth?
- The remaining production from FRIO NS 34-39 02 is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIO NS 34-39 02 is a fraction of it. The estimate fits an Arps decline curve to the production FRIO NS 34-39 02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIO NS 34-39 02 is an estimate of value, not an offer and not an appraisal.
- How much income does FRIO NS 34-39 02 generate in a year?
- FRIO NS 34-39 02 is forecast to net about $408K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRIO NS 34-39 02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 47687 |
| Wellbores | 2 |
| Reported production | 342,090 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where FRIO NS 34-39 02 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.