BELL, GRACE
BELL, GRACE is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Gray Production Trust. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,377 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 $106K, with roughly $20K 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 41 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was October 2020, at 77 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 BELL, GRACE
- Who operates BELL, GRACE?
- BELL, GRACE is operated by Gray Production Trust, Railroad Commission of Texas operator number 326485.
- Where is BELL, GRACE?
- BELL, GRACE is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28023.
- Is BELL, GRACE still producing?
- BELL, GRACE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL, GRACE is August 2026.
- How much has BELL, GRACE produced?
- BELL, GRACE has reported 25,377 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is BELL, GRACE worth?
- The remaining production from BELL, GRACE is estimated to be worth about $106K in total as of 26 August 2026, within a range of $59K to $154K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL, GRACE is a fraction of it. The estimate fits an Arps decline curve to the production BELL, GRACE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL, GRACE is an estimate of value, not an offer and not an appraisal.
- How much income does BELL, GRACE generate in a year?
- BELL, GRACE is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BELL, GRACE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gray Production Trust |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 28023 |
| Wellbores | 3 |
| Reported production | 25,377 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where BELL, GRACE 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.