FRY 338
FRY 338 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 686,646 thousand cubic feet. 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 $97K, with roughly $15K 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 696 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 2,365 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FRY 338
- Who operates FRY 338?
- FRY 338 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is FRY 338?
- FRY 338 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 201580.
- Is FRY 338 still producing?
- FRY 338 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRY 338 is August 2026.
- How much has FRY 338 produced?
- FRY 338 has reported 686,646 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
- How much is FRY 338 worth?
- The remaining production from FRY 338 is estimated to be worth about $97K in total as of 26 August 2026, within a range of $76K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRY 338 is a fraction of it. The estimate fits an Arps decline curve to the production FRY 338 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRY 338 is an estimate of value, not an offer and not an appraisal.
- How much income does FRY 338 generate in a year?
- FRY 338 is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRY 338 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 201580 |
| Wellbores | 1 |
| Reported production | 686,646 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
Where FRY 338 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.