GRIMES "A"
GRIMES "A" is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Mountain Creek Oil Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 11,934 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 $97K, with roughly $19K 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 23 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was July 2020, at 63 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 GRIMES "A"
- Who operates GRIMES "A"?
- GRIMES "A" is operated by Mountain Creek Oil Company, Inc., Railroad Commission of Texas operator number 592053.
- Where is GRIMES "A"?
- GRIMES "A" is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29876.
- Is GRIMES "A" still producing?
- GRIMES "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIMES "A" is August 2026.
- How much has GRIMES "A" produced?
- GRIMES "A" has reported 11,934 barrels of oil (bbl) to the Railroad Commission of Texas between March 2001 and August 2026, from 3 wellbores.
- How much is GRIMES "A" worth?
- The remaining production from GRIMES "A" is estimated to be worth about $97K in total as of 26 August 2026, within a range of $53K to $140K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIMES "A" is a fraction of it. The estimate fits an Arps decline curve to the production GRIMES "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIMES "A" is an estimate of value, not an offer and not an appraisal.
- How much income does GRIMES "A" generate in a year?
- GRIMES "A" is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIMES "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mountain Creek Oil Company, Inc. |
|---|---|
| Field | Bowers (Strawn) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29876 |
| Wellbores | 3 |
| Reported production | 11,934 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
Where GRIMES "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.