TRUE GRIT A
TRUE GRIT A is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 193,150 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 $6.1M, with roughly $3.4M 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 7,914 barrels a month. Its strongest month on the record we hold was November 2024, at 13,948 barrels. 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 TRUE GRIT A
- Who operates TRUE GRIT A?
- TRUE GRIT A is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is TRUE GRIT A?
- TRUE GRIT A is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61550.
- Is TRUE GRIT A still producing?
- TRUE GRIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRUE GRIT A is August 2026.
- How much has TRUE GRIT A produced?
- TRUE GRIT A has reported 193,150 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
- How much is TRUE GRIT A worth?
- The remaining production from TRUE GRIT A is estimated to be worth about $6.1M in total as of 27 August 2026, within a range of $5.1M to $7.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRUE GRIT A is a fraction of it. The estimate fits an Arps decline curve to the production TRUE GRIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRUE GRIT A is an estimate of value, not an offer and not an appraisal.
- How much income does TRUE GRIT A generate in a year?
- TRUE GRIT A is forecast to net about $3.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRUE GRIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 61550 |
| Wellbores | 1 |
| Reported production | 193,150 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where TRUE GRIT A 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.