GRASS FARM UNIT
GRASS FARM UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Abraxas Petroleum Corporation. It has 3 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 156,324 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 $863K, with roughly $166K 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 214 barrels a month, about 71 per wellbore. Its strongest month on the record we hold was May 2016, at 1,676 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 GRASS FARM UNIT
- Who operates GRASS FARM UNIT?
- GRASS FARM UNIT is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is GRASS FARM UNIT?
- GRASS FARM UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15752.
- Is GRASS FARM UNIT still producing?
- GRASS FARM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRASS FARM UNIT is August 2026.
- How much has GRASS FARM UNIT produced?
- GRASS FARM UNIT has reported 156,324 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 3 wellbores.
- How much is GRASS FARM UNIT worth?
- The remaining production from GRASS FARM UNIT is estimated to be worth about $863K in total as of 27 August 2026, within a range of $673K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRASS FARM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRASS FARM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRASS FARM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRASS FARM UNIT generate in a year?
- GRASS FARM UNIT is forecast to net about $166K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRASS FARM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 15752 |
| Wellbores | 3 |
| Reported production | 156,324 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $863K |
Where GRASS FARM 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.