GREER UNIT
GREER UNIT is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Arrow Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1997 to August 2026, totalling 3,314,714 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 $185K, with roughly $42K 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 1,256 thousand cubic feet a month. Its strongest month on the record we hold was December 2023, at 5,383 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 GREER UNIT
- Who operates GREER UNIT?
- GREER UNIT is operated by Arrow Exploration Company, Railroad Commission of Texas operator number 033189.
- Where is GREER UNIT?
- GREER UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 163357.
- Is GREER UNIT still producing?
- GREER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREER UNIT is August 2026.
- How much has GREER UNIT produced?
- GREER UNIT has reported 3,314,714 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1997 and August 2026, from 1 wellbore.
- How much is GREER UNIT worth?
- The remaining production from GREER UNIT is estimated to be worth about $185K in total as of 26 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 GREER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GREER UNIT generate in a year?
- GREER UNIT is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrow Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 163357 |
| Wellbores | 1 |
| Reported production | 3,314,714 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where GREER UNIT 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.