GARY RANCH
GARY RANCH is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 17,224 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 $371K, with roughly $71K 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 81 barrels a month. Its strongest month on the record we hold was September 2016, at 734 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 GARY RANCH
- Who operates GARY RANCH?
- GARY RANCH is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is GARY RANCH?
- GARY RANCH is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47470.
- Is GARY RANCH still producing?
- GARY RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARY RANCH is August 2026.
- How much has GARY RANCH produced?
- GARY RANCH has reported 17,224 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is GARY RANCH worth?
- The remaining production from GARY RANCH is estimated to be worth about $371K in total as of 26 August 2026, within a range of $204K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARY RANCH is a fraction of it. The estimate fits an Arps decline curve to the production GARY RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARY RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does GARY RANCH generate in a year?
- GARY RANCH is forecast to net about $71K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARY RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 47470 |
| Wellbores | 1 |
| Reported production | 17,224 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $371K |
Where GARY RANCH 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.