GILBERT-FREEMAN
GILBERT-FREEMAN is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by Cypress E & P Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 8,232,012 thousand cubic feet. The lease is shut in. 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 $510K, with roughly $70K 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 1,689 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 8,628 thousand cubic feet.
Key facts about GILBERT-FREEMAN
- Who operates GILBERT-FREEMAN?
- GILBERT-FREEMAN is operated by Cypress E & P Corporation, Railroad Commission of Texas operator number 195903.
- Where is GILBERT-FREEMAN?
- GILBERT-FREEMAN is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 242402.
- Is GILBERT-FREEMAN still producing?
- GILBERT-FREEMAN is shut in. The most recent month of production reported to the Railroad Commission of Texas for GILBERT-FREEMAN is August 2026.
- How much has GILBERT-FREEMAN produced?
- GILBERT-FREEMAN has reported 8,232,012 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2008 and August 2026, from 1 wellbore.
- How much is GILBERT-FREEMAN worth?
- The remaining production from GILBERT-FREEMAN is estimated to be worth about $510K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILBERT-FREEMAN is a fraction of it. The estimate fits an Arps decline curve to the production GILBERT-FREEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILBERT-FREEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does GILBERT-FREEMAN generate in a year?
- GILBERT-FREEMAN is forecast to net about $70K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILBERT-FREEMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cypress E & P Corporation |
|---|---|
| Field | Cypress Eagle (Wilcox) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 242402 |
| Wellbores | 1 |
| Reported production | 8,232,012 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $510K |
Where GILBERT-FREEMAN 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.