FAYE-GRANT
FAYE-GRANT is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Terreland Corporation. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 59,057 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 $383K, with roughly $58K 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, about 4 per wellbore. Its strongest month on the record we hold was January 2024, at 242 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 FAYE-GRANT
- Who operates FAYE-GRANT?
- FAYE-GRANT is operated by Terreland Corporation, Railroad Commission of Texas operator number 843370.
- Where is FAYE-GRANT?
- FAYE-GRANT is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05576.
- Is FAYE-GRANT still producing?
- FAYE-GRANT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAYE-GRANT is August 2026.
- How much has FAYE-GRANT produced?
- FAYE-GRANT has reported 59,057 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is FAYE-GRANT worth?
- The remaining production from FAYE-GRANT is estimated to be worth about $383K in total as of 27 August 2026, within a range of $211K to $556K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAYE-GRANT is a fraction of it. The estimate fits an Arps decline curve to the production FAYE-GRANT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAYE-GRANT is an estimate of value, not an offer and not an appraisal.
- How much income does FAYE-GRANT generate in a year?
- FAYE-GRANT is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FAYE-GRANT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Terreland Corporation |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 05576 |
| Wellbores | 14 |
| Reported production | 59,057 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $383K |
Where FAYE-GRANT 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.