FRIEND, W. E. -B-

FRIEND, W. E. -B- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Kaiser-Francis Oil Company. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 87,152 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 $151K, with roughly $29K 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 36 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was August 2016, at 198 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 FRIEND, W. E. -B-

Who operates FRIEND, W. E. -B-?: FRIEND, W. E. -B- is operated by Kaiser-Francis Oil Company, Railroad Commission of Texas operator number 450175.
Where is FRIEND, W. E. -B-?: FRIEND, W. E. -B- is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 02379.
Is FRIEND, W. E. -B- still producing?: FRIEND, W. E. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRIEND, W. E. -B- is August 2026.
How much has FRIEND, W. E. -B- produced?: FRIEND, W. E. -B- has reported 87,152 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
How much is FRIEND, W. E. -B- worth?: The remaining production from FRIEND, W. E. -B- is estimated to be worth about $151K in total as of 27 August 2026, within a range of $83K to $219K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIEND, W. E. -B- is a fraction of it. The estimate fits an Arps decline curve to the production FRIEND, W. E. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIEND, W. E. -B- is an estimate of value, not an offer and not an appraisal.
How much income does FRIEND, W. E. -B- generate in a year?: FRIEND, W. E. -B- is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRIEND, W. E. -B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FRIEND, W. E. -B- as filed with the Railroad Commission of Texas
Operator	Kaiser-Francis Oil Company
Field	Weger, North
County	Reagan County, Texas
RRC district	7C
Lease number	02379
Wellbores	7
Reported production	87,152 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$151K

Where FRIEND, W. E. -B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.