GREEN, FRED OU
GREEN, FRED OU is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,485 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 $145K, with roughly $27K 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 40 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was November 2024, at 118 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 GREEN, FRED OU
- Who operates GREEN, FRED OU?
- GREEN, FRED OU is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is GREEN, FRED OU?
- GREEN, FRED OU is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26555.
- Is GREEN, FRED OU still producing?
- GREEN, FRED OU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN, FRED OU is August 2026.
- How much has GREEN, FRED OU produced?
- GREEN, FRED OU has reported 35,485 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GREEN, FRED OU worth?
- The remaining production from GREEN, FRED OU is estimated to be worth about $145K in total as of 26 August 2026, within a range of $80K to $210K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN, FRED OU is a fraction of it. The estimate fits an Arps decline curve to the production GREEN, FRED OU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN, FRED OU is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN, FRED OU generate in a year?
- GREEN, FRED OU is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN, FRED OU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Bridgeport (Tidwell) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 26555 |
| Wellbores | 2 |
| Reported production | 35,485 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $145K |
Where GREEN, FRED OU 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.