GRINDSTONE 2 FEE
GRINDSTONE 2 FEE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 2,893,438 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 $1.7M, with roughly $391K 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 11,687 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 122,489 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GRINDSTONE 2 FEE
- Who operates GRINDSTONE 2 FEE?
- GRINDSTONE 2 FEE is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is GRINDSTONE 2 FEE?
- GRINDSTONE 2 FEE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 279965.
- Is GRINDSTONE 2 FEE still producing?
- GRINDSTONE 2 FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRINDSTONE 2 FEE is August 2026.
- How much has GRINDSTONE 2 FEE produced?
- GRINDSTONE 2 FEE has reported 2,893,438 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is GRINDSTONE 2 FEE worth?
- The remaining production from GRINDSTONE 2 FEE is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRINDSTONE 2 FEE is a fraction of it. The estimate fits an Arps decline curve to the production GRINDSTONE 2 FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRINDSTONE 2 FEE is an estimate of value, not an offer and not an appraisal.
- How much income does GRINDSTONE 2 FEE generate in a year?
- GRINDSTONE 2 FEE is forecast to net about $391K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRINDSTONE 2 FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Derby (Bone Spring) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 279965 |
| Wellbores | 1 |
| Reported production | 2,893,438 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where GRINDSTONE 2 FEE 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.