GREER, FLAVIS
GREER, FLAVIS is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 64,518 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 $45K, with roughly $8K 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 20 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was March 2025, at 233 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 GREER, FLAVIS
- Who operates GREER, FLAVIS?
- GREER, FLAVIS is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is GREER, FLAVIS?
- GREER, FLAVIS is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12285.
- Is GREER, FLAVIS still producing?
- GREER, FLAVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREER, FLAVIS is August 2026.
- How much has GREER, FLAVIS produced?
- GREER, FLAVIS has reported 64,518 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GREER, FLAVIS worth?
- The remaining production from GREER, FLAVIS is estimated to be worth about $45K in total as of 26 August 2026, within a range of $25K to $65K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREER, FLAVIS is a fraction of it. The estimate fits an Arps decline curve to the production GREER, FLAVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREER, FLAVIS is an estimate of value, not an offer and not an appraisal.
- How much income does GREER, FLAVIS generate in a year?
- GREER, FLAVIS is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREER, FLAVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Morris (Strawn) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 12285 |
| Wellbores | 2 |
| Reported production | 64,518 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where GREER, FLAVIS 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.