FRASS 72
FRASS 72 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 March 2011 to August 2026, totalling 35,023 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 $170K, with roughly $27K 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 18 barrels a month. Its strongest month on the record we hold was January 2019, at 295 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 72
- Who operates FRASS 72?
- FRASS 72 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is FRASS 72?
- FRASS 72 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08534.
- Is FRASS 72 still producing?
- FRASS 72 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRASS 72 is August 2026.
- How much has FRASS 72 produced?
- FRASS 72 has reported 35,023 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is FRASS 72 worth?
- The remaining production from FRASS 72 is estimated to be worth about $170K in total as of 26 August 2026, within a range of $94K to $247K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRASS 72 is a fraction of it. The estimate fits an Arps decline curve to the production FRASS 72 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRASS 72 is an estimate of value, not an offer and not an appraisal.
- How much income does FRASS 72 generate in a year?
- FRASS 72 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRASS 72 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 | 08534 |
| Wellbores | 1 |
| Reported production | 35,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $170K |
Where FRASS 72 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.