GRIZZLY NORTH 7673
GRIZZLY NORTH 7673 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 693,174 thousand cubic feet. The lease is intermittent. 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 $7.1M, with roughly $1.5M 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 9,758 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 49,410 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 GRIZZLY NORTH 7673
- Who operates GRIZZLY NORTH 7673?
- GRIZZLY NORTH 7673 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is GRIZZLY NORTH 7673?
- GRIZZLY NORTH 7673 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291905.
- Is GRIZZLY NORTH 7673 still producing?
- GRIZZLY NORTH 7673 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRIZZLY NORTH 7673 is August 2026.
- How much has GRIZZLY NORTH 7673 produced?
- GRIZZLY NORTH 7673 has reported 693,174 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2021 and August 2026, from 1 wellbore.
- How much is GRIZZLY NORTH 7673 worth?
- The remaining production from GRIZZLY NORTH 7673 is estimated to be worth about $7.1M in total as of 27 August 2026, within a range of $5.9M to $8.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIZZLY NORTH 7673 is a fraction of it. The estimate fits an Arps decline curve to the production GRIZZLY NORTH 7673 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIZZLY NORTH 7673 is an estimate of value, not an offer and not an appraisal.
- How much income does GRIZZLY NORTH 7673 generate in a year?
- GRIZZLY NORTH 7673 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIZZLY NORTH 7673 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 291905 |
| Wellbores | 1 |
| Reported production | 693,174 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.1M |
Where GRIZZLY NORTH 7673 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.