GRIGGS
GRIGGS 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 October 2013 to August 2026, totalling 26,971 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 $207K, with roughly $40K 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 56 barrels a month. Its strongest month on the record we hold was July 2016, at 177 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
- Who operates GRIGGS?
- GRIGGS is operated by WFW Production Company, Inc., Railroad Commission of Texas operator number 913350.
- Where is GRIGGS?
- GRIGGS is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32770.
- Is GRIGGS still producing?
- GRIGGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGGS is August 2026.
- How much has GRIGGS produced?
- GRIGGS has reported 26,971 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is GRIGGS worth?
- The remaining production from GRIGGS is estimated to be worth about $207K in total as of 26 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGGS is a fraction of it. The estimate fits an Arps decline curve to the production GRIGGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGGS is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGGS generate in a year?
- GRIGGS is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIGGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WFW Production Company, Inc. |
|---|---|
| Field | Foamy Mud (Strawn P-9 Sand) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 32770 |
| Wellbores | 1 |
| Reported production | 26,971 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where GRIGGS 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.