FREDO
FREDO is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Verdugo-Pablo Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 29,209 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 $665K, with roughly $194K 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 268 barrels a month. Its strongest month on the record we hold was August 2020, at 813 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 FREDO
- Who operates FREDO?
- FREDO is operated by Verdugo-Pablo Energy, LLC, Railroad Commission of Texas operator number 884574.
- Where is FREDO?
- FREDO is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71073.
- Is FREDO still producing?
- FREDO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREDO is August 2026.
- How much has FREDO produced?
- FREDO has reported 29,209 barrels of oil (bbl) to the Railroad Commission of Texas between June 2020 and August 2026, from 1 wellbore.
- How much is FREDO worth?
- The remaining production from FREDO is estimated to be worth about $665K in total as of 26 August 2026, within a range of $519K to $812K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREDO is a fraction of it. The estimate fits an Arps decline curve to the production FREDO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREDO is an estimate of value, not an offer and not an appraisal.
- How much income does FREDO generate in a year?
- FREDO is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FREDO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verdugo-Pablo Energy, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71073 |
| Wellbores | 1 |
| Reported production | 29,209 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $665K |
Where FREDO 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.