FREEMAN
FREEMAN is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Stroud Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 4,457,446 thousand cubic feet. 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 $270K, with roughly $41K 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 1,751 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 5,920 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates FREEMAN?
- FREEMAN is operated by Stroud Energy, Ltd., Railroad Commission of Texas operator number 828130.
- Where is FREEMAN?
- FREEMAN is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 198566.
- Is FREEMAN still producing?
- FREEMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREEMAN is August 2026.
- How much has FREEMAN produced?
- FREEMAN has reported 4,457,446 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is FREEMAN worth?
- The remaining production from FREEMAN is estimated to be worth about $270K in total as of 27 August 2026, within a range of $224K to $316K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREEMAN is a fraction of it. The estimate fits an Arps decline curve to the production FREEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does FREEMAN generate in a year?
- FREEMAN is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FREEMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stroud Energy, Ltd. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 198566 |
| Wellbores | 1 |
| Reported production | 4,457,446 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where FREEMAN 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.