FREITAG
FREITAG is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Fiml Natural Resources, LLC. It has 4 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 154,750 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 $2.1M, with roughly $447K 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 421 barrels a month, about 105 per wellbore. Its strongest month on the record we hold was July 2016, at 2,087 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 FREITAG
- Who operates FREITAG?
- FREITAG is operated by Fiml Natural Resources, LLC, Railroad Commission of Texas operator number 268313.
- Where is FREITAG?
- FREITAG is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18053.
- Is FREITAG still producing?
- FREITAG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREITAG is August 2026.
- How much has FREITAG produced?
- FREITAG has reported 154,750 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 4 wellbores.
- How much is FREITAG worth?
- The remaining production from FREITAG is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREITAG is a fraction of it. The estimate fits an Arps decline curve to the production FREITAG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREITAG is an estimate of value, not an offer and not an appraisal.
- How much income does FREITAG generate in a year?
- FREITAG is forecast to net about $447K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FREITAG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fiml Natural Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18053 |
| Wellbores | 4 |
| Reported production | 154,750 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where FREITAG 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.