PATRIOT
PATRIOT is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2005 to August 2026, totalling 418,118 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 $7K, with roughly $3K 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 286 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 1,589 thousand cubic feet. 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 PATRIOT
- Who operates PATRIOT?
- PATRIOT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PATRIOT?
- PATRIOT is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 211914.
- Is PATRIOT still producing?
- PATRIOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATRIOT is August 2026.
- How much has PATRIOT produced?
- PATRIOT has reported 418,118 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2005 and August 2026, from 1 wellbore.
- How much is PATRIOT worth?
- The remaining production from PATRIOT is estimated to be worth about $7K in total as of 27 August 2026, within a range of $6K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATRIOT is a fraction of it. The estimate fits an Arps decline curve to the production PATRIOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATRIOT is an estimate of value, not an offer and not an appraisal.
- How much income does PATRIOT generate in a year?
- PATRIOT is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PATRIOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 211914 |
| Wellbores | 1 |
| Reported production | 418,118 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where PATRIOT 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.