FRED
FRED is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Samson Lone Star, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 308,970 thousand cubic feet. 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 $400, with roughly $50 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 4 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 4,705 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 FRED
- Who operates FRED?
- FRED is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is FRED?
- FRED is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 271500.
- Is FRED still producing?
- FRED is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRED is August 2026.
- How much has FRED produced?
- FRED has reported 308,970 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is FRED worth?
- The remaining production from FRED is estimated to be worth about $400 in total as of 26 August 2026, within a range of $0 to $799. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRED is a fraction of it. The estimate fits an Arps decline curve to the production FRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRED is an estimate of value, not an offer and not an appraisal.
- How much income does FRED generate in a year?
- FRED is forecast to net about $50 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Lone Star, LLC |
|---|---|
| Field | Huxley (Fredricksburg) |
| County | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 271500 |
| Wellbores | 1 |
| Reported production | 308,970 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $400 |
Where FRED 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.