FRYAR 4
FRYAR 4 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petroleum Operating, LLC. It has 10 wellbores on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 298,357 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 $647K, with roughly $113K 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 104 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was June 2016, at 1,680 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 FRYAR 4
- Who operates FRYAR 4?
- FRYAR 4 is operated by Element Petroleum Operating, LLC, Railroad Commission of Texas operator number 247680.
- Where is FRYAR 4?
- FRYAR 4 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39848.
- Is FRYAR 4 still producing?
- FRYAR 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRYAR 4 is August 2026.
- How much has FRYAR 4 produced?
- FRYAR 4 has reported 298,357 barrels of oil (bbl) to the Railroad Commission of Texas between October 2009 and August 2026, from 10 wellbores.
- How much is FRYAR 4 worth?
- The remaining production from FRYAR 4 is estimated to be worth about $647K in total as of 26 August 2026, within a range of $505K to $789K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRYAR 4 is a fraction of it. The estimate fits an Arps decline curve to the production FRYAR 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRYAR 4 is an estimate of value, not an offer and not an appraisal.
- How much income does FRYAR 4 generate in a year?
- FRYAR 4 is forecast to net about $113K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRYAR 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Element Petroleum Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 39848 |
| Wellbores | 10 |
| Reported production | 298,357 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $647K |
Where FRYAR 4 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.