GRIGGS
GRIGGS is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Double M Petroproperties, Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 30,679 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 $271K, with roughly $52K 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 77 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was March 2018, at 500 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 GRIGGS
- Who operates GRIGGS?
- GRIGGS is operated by Double M Petroproperties, Inc., Railroad Commission of Texas operator number 224867.
- Where is GRIGGS?
- GRIGGS is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30873.
- Is GRIGGS still producing?
- GRIGGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGGS is August 2026.
- How much has GRIGGS produced?
- GRIGGS has reported 30,679 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is GRIGGS worth?
- The remaining production from GRIGGS is estimated to be worth about $271K in total as of 27 August 2026, within a range of $149K to $393K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGGS is a fraction of it. The estimate fits an Arps decline curve to the production GRIGGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGGS is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGGS generate in a year?
- GRIGGS is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIGGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Double M Petroproperties, Inc. |
|---|---|
| Field | Keeler-Wimberly (Canyon SD.) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 30873 |
| Wellbores | 2 |
| Reported production | 30,679 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $271K |
Where GRIGGS 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.