GRAY UNIT
GRAY UNIT is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Young, Marshall R., Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from September 1997 to August 2026, totalling 32,944 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $61, with roughly $12 expected over the next twelve months.
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | Bmw, Nw. (Penn Reef) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 28268 |
| Wellbores | 1 |
| Reported production | 32,944 bbl |
| First reported | September 1997 |
| Last reported | August 2026 |
| Estimated royalty value | $61 |
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.