GRINGITA HC1 DIM
GRINGITA HC1 DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 249,324 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 $3.7M, with roughly $1.1M 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 1,710 barrels a month. Its strongest month on the record we hold was March 2021, at 13,569 barrels. 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 GRINGITA HC1 DIM
- Who operates GRINGITA HC1 DIM?
- GRINGITA HC1 DIM is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is GRINGITA HC1 DIM?
- GRINGITA HC1 DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20300.
- Is GRINGITA HC1 DIM still producing?
- GRINGITA HC1 DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRINGITA HC1 DIM is August 2026.
- How much has GRINGITA HC1 DIM produced?
- GRINGITA HC1 DIM has reported 249,324 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is GRINGITA HC1 DIM worth?
- The remaining production from GRINGITA HC1 DIM is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRINGITA HC1 DIM is a fraction of it. The estimate fits an Arps decline curve to the production GRINGITA HC1 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 HC1 DIM is an estimate of value, not an offer and not an appraisal.
- How much income does GRINGITA HC1 DIM generate in a year?
- GRINGITA HC1 DIM is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRINGITA HC1 DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 20300 |
| Wellbores | 1 |
| Reported production | 249,324 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where GRINGITA HC1 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.