HAINES, GRACE 420
HAINES, GRACE 420 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 1,179,785 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 $373K, with roughly $58K 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 2,509 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 4,368 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 HAINES, GRACE 420
- Who operates HAINES, GRACE 420?
- HAINES, GRACE 420 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is HAINES, GRACE 420?
- HAINES, GRACE 420 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 229981.
- Is HAINES, GRACE 420 still producing?
- HAINES, GRACE 420 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAINES, GRACE 420 is August 2026.
- How much has HAINES, GRACE 420 produced?
- HAINES, GRACE 420 has reported 1,179,785 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is HAINES, GRACE 420 worth?
- The remaining production from HAINES, GRACE 420 is estimated to be worth about $373K in total as of 27 August 2026, within a range of $310K to $436K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAINES, GRACE 420 is a fraction of it. The estimate fits an Arps decline curve to the production HAINES, GRACE 420 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAINES, GRACE 420 is an estimate of value, not an offer and not an appraisal.
- How much income does HAINES, GRACE 420 generate in a year?
- HAINES, GRACE 420 is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAINES, GRACE 420 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb, S. W. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 229981 |
| Wellbores | 1 |
| Reported production | 1,179,785 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $373K |
Where HAINES, GRACE 420 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.