GROGAN-PHILLIPS
GROGAN-PHILLIPS is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Stroud Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 16,053 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 $289K, with roughly $56K 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 71 barrels a month. Its strongest month on the record we hold was July 2016, at 294 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 GROGAN-PHILLIPS
- Who operates GROGAN-PHILLIPS?
- GROGAN-PHILLIPS is operated by Stroud Petroleum, Inc., Railroad Commission of Texas operator number 828082.
- Where is GROGAN-PHILLIPS?
- GROGAN-PHILLIPS is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15118.
- Is GROGAN-PHILLIPS still producing?
- GROGAN-PHILLIPS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROGAN-PHILLIPS is August 2026.
- How much has GROGAN-PHILLIPS produced?
- GROGAN-PHILLIPS has reported 16,053 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is GROGAN-PHILLIPS worth?
- The remaining production from GROGAN-PHILLIPS is estimated to be worth about $289K in total as of 27 August 2026, within a range of $159K to $420K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROGAN-PHILLIPS is a fraction of it. The estimate fits an Arps decline curve to the production GROGAN-PHILLIPS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROGAN-PHILLIPS is an estimate of value, not an offer and not an appraisal.
- How much income does GROGAN-PHILLIPS generate in a year?
- GROGAN-PHILLIPS is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GROGAN-PHILLIPS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stroud Petroleum, Inc. |
|---|---|
| Field | Linden, East ( Cotton Valley) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15118 |
| Wellbores | 1 |
| Reported production | 16,053 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $289K |
Where GROGAN-PHILLIPS 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.