GRAEF GAS UNIT 1
GRAEF GAS UNIT 1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Equinor Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 1,984,257 thousand cubic feet. 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 $2.8M, with roughly $552K 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 7,492 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 142,711 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GRAEF GAS UNIT 1
- Who operates GRAEF GAS UNIT 1?
- GRAEF GAS UNIT 1 is operated by Equinor Texas Onshore Prop LLC, Railroad Commission of Texas operator number 253413.
- Where is GRAEF GAS UNIT 1?
- GRAEF GAS UNIT 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 287830.
- Is GRAEF GAS UNIT 1 still producing?
- GRAEF GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAEF GAS UNIT 1 is August 2026.
- How much has GRAEF GAS UNIT 1 produced?
- GRAEF GAS UNIT 1 has reported 1,984,257 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is GRAEF GAS UNIT 1 worth?
- The remaining production from GRAEF GAS UNIT 1 is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.3M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAEF GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production GRAEF GAS UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAEF GAS UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GRAEF GAS UNIT 1 generate in a year?
- GRAEF GAS UNIT 1 is forecast to net about $552K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAEF GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Equinor Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 287830 |
| Wellbores | 1 |
| Reported production | 1,984,257 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where GRAEF GAS UNIT 1 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.