GREGG UNIT
GREGG UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 280,450 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 $723K, with roughly $134K 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 173 barrels a month. Its strongest month on the record we hold was July 2018, at 553 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 GREGG UNIT
- Who operates GREGG UNIT?
- GREGG UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is GREGG UNIT?
- GREGG UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21892.
- Is GREGG UNIT still producing?
- GREGG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREGG UNIT is August 2026.
- How much has GREGG UNIT produced?
- GREGG UNIT has reported 280,450 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GREGG UNIT worth?
- The remaining production from GREGG UNIT is estimated to be worth about $723K in total as of 26 August 2026, within a range of $564K to $883K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREGG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREGG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREGG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GREGG UNIT generate in a year?
- GREGG UNIT is forecast to net about $134K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREGG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21892 |
| Wellbores | 1 |
| Reported production | 280,450 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $723K |
Where GREGG 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.