FRASS 18
FRASS 18 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Corlena Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 12,289 barrels. The lease is intermittent. 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 $112K, with roughly $19K 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 24 barrels a month. Its strongest month on the record we hold was May 2017, at 146 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FRASS 18
- Who operates FRASS 18?
- FRASS 18 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is FRASS 18?
- FRASS 18 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08451.
- Is FRASS 18 still producing?
- FRASS 18 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRASS 18 is August 2026.
- How much has FRASS 18 produced?
- FRASS 18 has reported 12,289 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is FRASS 18 worth?
- The remaining production from FRASS 18 is estimated to be worth about $112K in total as of 27 August 2026, within a range of $62K to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRASS 18 is a fraction of it. The estimate fits an Arps decline curve to the production FRASS 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRASS 18 is an estimate of value, not an offer and not an appraisal.
- How much income does FRASS 18 generate in a year?
- FRASS 18 is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRASS 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corlena Oil Company |
|---|---|
| Field | Kiowa Creek (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08451 |
| Wellbores | 1 |
| Reported production | 12,289 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where FRASS 18 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.