SERENA RANCH-INDIO C
SERENA RANCH-INDIO C is a Texas oil lease in Maverick County, Railroad Commission district 01, operated by Grit Oil & Gas Management, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 42,708 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 $11.1M, with roughly $2.5M 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 4,027 barrels a month. Its strongest month on the record we hold was September 2025, at 7,658 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 SERENA RANCH-INDIO C
- Who operates SERENA RANCH-INDIO C?
- SERENA RANCH-INDIO C is operated by Grit Oil & Gas Management, LLC, Railroad Commission of Texas operator number 334912.
- Where is SERENA RANCH-INDIO C?
- SERENA RANCH-INDIO C is a Texas oil lease in Maverick County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21815.
- Is SERENA RANCH-INDIO C still producing?
- SERENA RANCH-INDIO C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SERENA RANCH-INDIO C is August 2026.
- How much has SERENA RANCH-INDIO C produced?
- SERENA RANCH-INDIO C has reported 42,708 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is SERENA RANCH-INDIO C worth?
- The remaining production from SERENA RANCH-INDIO C is estimated to be worth about $11.1M in total as of 26 August 2026, within a range of $9.2M to $13.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SERENA RANCH-INDIO C is a fraction of it. The estimate fits an Arps decline curve to the production SERENA RANCH-INDIO C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SERENA RANCH-INDIO C is an estimate of value, not an offer and not an appraisal.
- How much income does SERENA RANCH-INDIO C generate in a year?
- SERENA RANCH-INDIO C is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SERENA RANCH-INDIO C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grit Oil & Gas Management, LLC |
|---|---|
| Field | Hugh Fitzsimmons (San Miguel) |
| County | Maverick County, Texas |
| RRC district | 01 |
| Lease number | 21815 |
| Wellbores | 1 |
| Reported production | 42,708 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.1M |
Where SERENA RANCH-INDIO C 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.