GRAY, FLOY
GRAY, FLOY is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Base Petroleum. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,496 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 $4K, with roughly $722 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 1 barrels a month. Its strongest month on the record we hold was April 2021, at 129 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, FLOY
- Who operates GRAY, FLOY?
- GRAY, FLOY is operated by Base Petroleum, Railroad Commission of Texas operator number 054080.
- Where is GRAY, FLOY?
- GRAY, FLOY is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01522.
- Is GRAY, FLOY still producing?
- GRAY, FLOY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAY, FLOY is August 2026.
- How much has GRAY, FLOY produced?
- GRAY, FLOY has reported 9,496 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is GRAY, FLOY worth?
- The remaining production from GRAY, FLOY is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY, FLOY is a fraction of it. The estimate fits an Arps decline curve to the production GRAY, FLOY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY, FLOY is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY, FLOY generate in a year?
- GRAY, FLOY is forecast to net about $722 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAY, FLOY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Base Petroleum |
|---|---|
| Field | Salt Flat |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 01522 |
| Wellbores | 15 |
| Reported production | 9,496 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where GRAY, FLOY 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.