GRIMES
GRIMES is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Dale Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 547,647 thousand cubic feet. 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 $160K, with roughly $24K 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 1,194 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 2,394 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GRIMES
- Who operates GRIMES?
- GRIMES is operated by Dale Operating Company, Railroad Commission of Texas operator number 197624.
- Where is GRIMES?
- GRIMES is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 190743.
- Is GRIMES still producing?
- GRIMES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIMES is August 2026.
- How much has GRIMES produced?
- GRIMES has reported 547,647 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2002 and August 2026, from 1 wellbore.
- How much is GRIMES worth?
- The remaining production from GRIMES is estimated to be worth about $160K in total as of 26 August 2026, within a range of $133K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIMES is a fraction of it. The estimate fits an Arps decline curve to the production GRIMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIMES is an estimate of value, not an offer and not an appraisal.
- How much income does GRIMES generate in a year?
- GRIMES is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dale Operating Company |
|---|---|
| Field | G.A.S. (Cotton Valley SD.) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 190743 |
| Wellbores | 1 |
| Reported production | 547,647 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where GRIMES 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.