FRASS 73
FRASS 73 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 February 2009 to August 2026, totalling 43,444 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 $313K, with roughly $57K 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 34 barrels a month. Its strongest month on the record we hold was April 2026, at 210 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 73
- Who operates FRASS 73?
- FRASS 73 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is FRASS 73?
- FRASS 73 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07966.
- Is FRASS 73 still producing?
- FRASS 73 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRASS 73 is August 2026.
- How much has FRASS 73 produced?
- FRASS 73 has reported 43,444 barrels of oil (bbl) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is FRASS 73 worth?
- The remaining production from FRASS 73 is estimated to be worth about $313K in total as of 26 August 2026, within a range of $172K to $454K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRASS 73 is a fraction of it. The estimate fits an Arps decline curve to the production FRASS 73 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRASS 73 is an estimate of value, not an offer and not an appraisal.
- How much income does FRASS 73 generate in a year?
- FRASS 73 is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRASS 73 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 | 07966 |
| Wellbores | 1 |
| Reported production | 43,444 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $313K |
Where FRASS 73 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.