GRIGGS-JONES UNIT
GRIGGS-JONES UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by WFW Production Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 12,584 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 $182K, with roughly $35K 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 37 barrels a month. Its strongest month on the record we hold was December 2025, at 91 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 GRIGGS-JONES UNIT
- Who operates GRIGGS-JONES UNIT?
- GRIGGS-JONES UNIT is operated by WFW Production Company, Inc., Railroad Commission of Texas operator number 913350.
- Where is GRIGGS-JONES UNIT?
- GRIGGS-JONES UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30397.
- Is GRIGGS-JONES UNIT still producing?
- GRIGGS-JONES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGGS-JONES UNIT is August 2026.
- How much has GRIGGS-JONES UNIT produced?
- GRIGGS-JONES UNIT has reported 12,584 barrels of oil (bbl) to the Railroad Commission of Texas between January 2005 and August 2026, from 1 wellbore.
- How much is GRIGGS-JONES UNIT worth?
- The remaining production from GRIGGS-JONES UNIT is estimated to be worth about $182K in total as of 26 August 2026, within a range of $100K to $264K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGGS-JONES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRIGGS-JONES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGGS-JONES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGGS-JONES UNIT generate in a year?
- GRIGGS-JONES UNIT is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIGGS-JONES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WFW Production Company, Inc. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 30397 |
| Wellbores | 1 |
| Reported production | 12,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $182K |
Where GRIGGS-JONES 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.