GRAVES
GRAVES is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by LPR Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 2,006 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 $189K, with roughly $36K 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 55 barrels a month. Its strongest month on the record we hold was November 2024, at 617 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 GRAVES
- Who operates GRAVES?
- GRAVES is operated by LPR Energy, LLC, Railroad Commission of Texas operator number 511723.
- Where is GRAVES?
- GRAVES is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58887.
- Is GRAVES still producing?
- GRAVES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVES is August 2026.
- How much has GRAVES produced?
- GRAVES has reported 2,006 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is GRAVES worth?
- The remaining production from GRAVES is estimated to be worth about $189K in total as of 26 August 2026, within a range of $104K to $275K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVES is a fraction of it. The estimate fits an Arps decline curve to the production GRAVES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVES is an estimate of value, not an offer and not an appraisal.
- How much income does GRAVES generate in a year?
- GRAVES is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAVES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LPR Energy, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 58887 |
| Wellbores | 1 |
| Reported production | 2,006 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $189K |
Where GRAVES 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.