GRACE G
GRACE G is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Hibernia Resources III, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 271,581 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 $1.7M, with roughly $815K 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 947 barrels a month. Its strongest month on the record we hold was September 2021, at 28,923 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRACE G
- Who operates GRACE G?
- GRACE G is operated by Hibernia Resources III, LLC, Railroad Commission of Texas operator number 384006.
- Where is GRACE G?
- GRACE G is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21410.
- Is GRACE G still producing?
- GRACE G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRACE G is August 2026.
- How much has GRACE G produced?
- GRACE G has reported 271,581 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is GRACE G worth?
- The remaining production from GRACE G is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRACE G is a fraction of it. The estimate fits an Arps decline curve to the production GRACE G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRACE G is an estimate of value, not an offer and not an appraisal.
- How much income does GRACE G generate in a year?
- GRACE G is forecast to net about $815K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRACE G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources III, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21410 |
| Wellbores | 1 |
| Reported production | 271,581 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where GRACE G 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.