MOWREY UNIT
MOWREY UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Grayrock Corp., The. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,375 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 $209K, with roughly $34K 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 29 barrels a month. Its strongest month on the record we hold was June 2019, at 98 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 MOWREY UNIT
- Who operates MOWREY UNIT?
- MOWREY UNIT is operated by Grayrock Corp., The, Railroad Commission of Texas operator number 328300.
- Where is MOWREY UNIT?
- MOWREY UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17814.
- Is MOWREY UNIT still producing?
- MOWREY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOWREY UNIT is August 2026.
- How much has MOWREY UNIT produced?
- MOWREY UNIT has reported 14,375 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MOWREY UNIT worth?
- The remaining production from MOWREY UNIT is estimated to be worth about $209K in total as of 26 August 2026, within a range of $115K to $303K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOWREY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MOWREY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOWREY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MOWREY UNIT generate in a year?
- MOWREY UNIT is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOWREY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grayrock Corp., The |
|---|---|
| Field | Park Springs (Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 17814 |
| Wellbores | 1 |
| Reported production | 14,375 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $209K |
Where MOWREY UNIT 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.