GRINGITA UNIT I DIM
GRINGITA UNIT I DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 627,856 barrels. 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 $2.2M, with roughly $607K 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 859 barrels a month, about 286 per wellbore. Its strongest month on the record we hold was July 2016, at 17,777 barrels. 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 GRINGITA UNIT I DIM
- Who operates GRINGITA UNIT I DIM?
- GRINGITA UNIT I DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GRINGITA UNIT I DIM?
- GRINGITA UNIT I DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17493.
- Is GRINGITA UNIT I DIM still producing?
- GRINGITA UNIT I DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRINGITA UNIT I DIM is August 2026.
- How much has GRINGITA UNIT I DIM produced?
- GRINGITA UNIT I DIM has reported 627,856 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 3 wellbores.
- How much is GRINGITA UNIT I DIM worth?
- The remaining production from GRINGITA UNIT I DIM is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRINGITA UNIT I DIM is a fraction of it. The estimate fits an Arps decline curve to the production GRINGITA UNIT I DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRINGITA UNIT I DIM is an estimate of value, not an offer and not an appraisal.
- How much income does GRINGITA UNIT I DIM generate in a year?
- GRINGITA UNIT I DIM is forecast to net about $607K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRINGITA UNIT I DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 17493 |
| Wellbores | 3 |
| Reported production | 627,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where GRINGITA UNIT I DIM 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.