FRIULANO
FRIULANO is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Opal Resources Operating Co.,LLC. It has 3 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 66,335 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 $1.7M, with roughly $381K 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 617 barrels a month, about 206 per wellbore. Its strongest month on the record we hold was April 2026, at 1,443 barrels. 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 FRIULANO
- Who operates FRIULANO?
- FRIULANO is operated by Opal Resources Operating Co.,LLC, Railroad Commission of Texas operator number 624735.
- Where is FRIULANO?
- FRIULANO is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17689.
- Is FRIULANO still producing?
- FRIULANO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRIULANO is August 2026.
- How much has FRIULANO produced?
- FRIULANO has reported 66,335 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 3 wellbores.
- How much is FRIULANO worth?
- The remaining production from FRIULANO is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIULANO is a fraction of it. The estimate fits an Arps decline curve to the production FRIULANO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIULANO is an estimate of value, not an offer and not an appraisal.
- How much income does FRIULANO generate in a year?
- FRIULANO is forecast to net about $381K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRIULANO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Opal Resources Operating Co.,LLC |
|---|---|
| Field | Sheep Mountain (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17689 |
| Wellbores | 3 |
| Reported production | 66,335 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where FRIULANO 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.