GRIFFIN-BANKS
GRIFFIN-BANKS is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Hess, Jerry Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 694,470 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 $184K, with roughly $28K 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 1,120 thousand cubic feet a month. Its strongest month on the record we hold was November 2023, at 2,296 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 GRIFFIN-BANKS
- Who operates GRIFFIN-BANKS?
- GRIFFIN-BANKS is operated by Hess, Jerry Operating Co., Railroad Commission of Texas operator number 381740.
- Where is GRIFFIN-BANKS?
- GRIFFIN-BANKS is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 197284.
- Is GRIFFIN-BANKS still producing?
- GRIFFIN-BANKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFIN-BANKS is August 2026.
- How much has GRIFFIN-BANKS produced?
- GRIFFIN-BANKS has reported 694,470 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is GRIFFIN-BANKS worth?
- The remaining production from GRIFFIN-BANKS is estimated to be worth about $184K in total as of 27 August 2026, within a range of $153K to $216K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFIN-BANKS is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFIN-BANKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFIN-BANKS is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFIN-BANKS generate in a year?
- GRIFFIN-BANKS is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIFFIN-BANKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hess, Jerry Operating Co. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 197284 |
| Wellbores | 1 |
| Reported production | 694,470 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $184K |
Where GRIFFIN-BANKS 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.