GRIFFIN 48-37 UNIT A
GRIFFIN 48-37 UNIT A is a Texas oil lease in Borden County, Railroad Commission district 08, operated by Crockett Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 868,433 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 $3.9M, 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 5,842 barrels a month, about 1,947 per wellbore. Its strongest month on the record we hold was January 2023, at 47,525 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 GRIFFIN 48-37 UNIT A
- Who operates GRIFFIN 48-37 UNIT A?
- GRIFFIN 48-37 UNIT A is operated by Crockett Operating, LLC, Railroad Commission of Texas operator number 190099.
- Where is GRIFFIN 48-37 UNIT A?
- GRIFFIN 48-37 UNIT A is a Texas oil lease in Borden County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56537.
- Is GRIFFIN 48-37 UNIT A still producing?
- GRIFFIN 48-37 UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFIN 48-37 UNIT A is August 2026.
- How much has GRIFFIN 48-37 UNIT A produced?
- GRIFFIN 48-37 UNIT A has reported 868,433 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 3 wellbores.
- How much is GRIFFIN 48-37 UNIT A worth?
- The remaining production from GRIFFIN 48-37 UNIT A is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFIN 48-37 UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFIN 48-37 UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFIN 48-37 UNIT A is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFIN 48-37 UNIT A generate in a year?
- GRIFFIN 48-37 UNIT A 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 GRIFFIN 48-37 UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crockett Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Borden County, Texas |
| RRC district | 08 |
| Lease number | 56537 |
| Wellbores | 3 |
| Reported production | 868,433 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where GRIFFIN 48-37 UNIT A 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.