HAYS, GRADY UNIT
HAYS, GRADY UNIT is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Largo Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,029 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 $69K, with roughly $13K 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 42 barrels a month. Its strongest month on the record we hold was January 2021, at 140 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HAYS, GRADY UNIT
- Who operates HAYS, GRADY UNIT?
- HAYS, GRADY UNIT is operated by Largo Oil Company, Railroad Commission of Texas operator number 486640.
- Where is HAYS, GRADY UNIT?
- HAYS, GRADY UNIT is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 04597.
- Is HAYS, GRADY UNIT still producing?
- HAYS, GRADY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAYS, GRADY UNIT is August 2026.
- How much has HAYS, GRADY UNIT produced?
- HAYS, GRADY UNIT has reported 26,029 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HAYS, GRADY UNIT worth?
- The remaining production from HAYS, GRADY UNIT is estimated to be worth about $69K in total as of 26 August 2026, within a range of $38K to $99K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAYS, GRADY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HAYS, GRADY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAYS, GRADY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HAYS, GRADY UNIT generate in a year?
- HAYS, GRADY UNIT is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAYS, GRADY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Largo Oil Company |
|---|---|
| Field | Henderson (Rusk Co. Pettit) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 04597 |
| Wellbores | 1 |
| Reported production | 26,029 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where HAYS, GRADY UNIT 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.