GRAY, COLUMBUS, ETAL
GRAY, COLUMBUS, ETAL is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Conoco Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 143,522 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 $963K, with roughly $218K 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 340 barrels a month, about 85 per wellbore. Its strongest month on the record we hold was November 2021, at 665 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRAY, COLUMBUS, ETAL
- Who operates GRAY, COLUMBUS, ETAL?
- GRAY, COLUMBUS, ETAL is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is GRAY, COLUMBUS, ETAL?
- GRAY, COLUMBUS, ETAL is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 01637.
- Is GRAY, COLUMBUS, ETAL still producing?
- GRAY, COLUMBUS, ETAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAY, COLUMBUS, ETAL is August 2026.
- How much has GRAY, COLUMBUS, ETAL produced?
- GRAY, COLUMBUS, ETAL has reported 143,522 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GRAY, COLUMBUS, ETAL worth?
- The remaining production from GRAY, COLUMBUS, ETAL is estimated to be worth about $963K in total as of 27 August 2026, within a range of $751K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY, COLUMBUS, ETAL is a fraction of it. The estimate fits an Arps decline curve to the production GRAY, COLUMBUS, ETAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY, COLUMBUS, ETAL is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY, COLUMBUS, ETAL generate in a year?
- GRAY, COLUMBUS, ETAL is forecast to net about $218K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAY, COLUMBUS, ETAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Fuhrman (Glorieta) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 01637 |
| Wellbores | 4 |
| Reported production | 143,522 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $963K |
Where GRAY, COLUMBUS, ETAL 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.