FRANKE UNIT
FRANKE UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Freeport-Mcmoran Oil & Gas LLC. It has 9 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 2,966,161 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 $15.5M, with roughly $5.2M 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 9,394 barrels a month, about 1,044 per wellbore. Its strongest month on the record we hold was December 2016, at 74,805 barrels. 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 FRANKE UNIT
- Who operates FRANKE UNIT?
- FRANKE UNIT is operated by Freeport-Mcmoran Oil & Gas LLC, Railroad Commission of Texas operator number 285230.
- Where is FRANKE UNIT?
- FRANKE UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10829.
- Is FRANKE UNIT still producing?
- FRANKE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKE UNIT is August 2026.
- How much has FRANKE UNIT produced?
- FRANKE UNIT has reported 2,966,161 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 9 wellbores.
- How much is FRANKE UNIT worth?
- The remaining production from FRANKE UNIT is estimated to be worth about $15.5M in total as of 27 August 2026, within a range of $12.8M to $18.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANKE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKE UNIT generate in a year?
- FRANKE UNIT is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANKE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Freeport-Mcmoran Oil & Gas LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10829 |
| Wellbores | 9 |
| Reported production | 2,966,161 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.5M |
Where FRANKE UNIT 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.