GRIGSBY
GRIGSBY is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 339,667 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 $12K, with roughly $2K 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 59 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 1,696 thousand cubic feet. 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 GRIGSBY
- Who operates GRIGSBY?
- GRIGSBY is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is GRIGSBY?
- GRIGSBY is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 245588.
- Is GRIGSBY still producing?
- GRIGSBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGSBY is August 2026.
- How much has GRIGSBY produced?
- GRIGSBY has reported 339,667 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is GRIGSBY worth?
- The remaining production from GRIGSBY is estimated to be worth about $12K in total as of 27 August 2026, within a range of $7K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGSBY is a fraction of it. The estimate fits an Arps decline curve to the production GRIGSBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGSBY is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGSBY generate in a year?
- GRIGSBY is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIGSBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Naconiche Creek (Rod.-TP Cons.) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 245588 |
| Wellbores | 1 |
| Reported production | 339,667 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where GRIGSBY 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.