FREEMAN, ODELL -B-
FREEMAN, ODELL -B- is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 7,940 barrels. The lease is shut in. 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 $67K, with roughly $13K 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 22 barrels a month. Its strongest month on the record we hold was August 2019, at 187 barrels.
Key facts about FREEMAN, ODELL -B-
- Who operates FREEMAN, ODELL -B-?
- FREEMAN, ODELL -B- is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is FREEMAN, ODELL -B-?
- FREEMAN, ODELL -B- is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31264.
- Is FREEMAN, ODELL -B- still producing?
- FREEMAN, ODELL -B- is shut in. The most recent month of production reported to the Railroad Commission of Texas for FREEMAN, ODELL -B- is August 2026.
- How much has FREEMAN, ODELL -B- produced?
- FREEMAN, ODELL -B- has reported 7,940 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is FREEMAN, ODELL -B- worth?
- The remaining production from FREEMAN, ODELL -B- is estimated to be worth about $67K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREEMAN, ODELL -B- is a fraction of it. The estimate fits an Arps decline curve to the production FREEMAN, ODELL -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREEMAN, ODELL -B- is an estimate of value, not an offer and not an appraisal.
- How much income does FREEMAN, ODELL -B- generate in a year?
- FREEMAN, ODELL -B- is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FREEMAN, ODELL -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Cal-Ham (Palo Pinto Reef) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 31264 |
| Wellbores | 1 |
| Reported production | 7,940 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where FREEMAN, ODELL -B- 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.