GRIGAR
GRIGAR is a Texas gas lease in Fort Bend County, Railroad Commission district 03, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 1,751,960 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 $66K, with roughly $15K 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 796 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 6,143 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRIGAR
- Who operates GRIGAR?
- GRIGAR is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is GRIGAR?
- GRIGAR is a Texas gas lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 227941.
- Is GRIGAR still producing?
- GRIGAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGAR is August 2026.
- How much has GRIGAR produced?
- GRIGAR has reported 1,751,960 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is GRIGAR worth?
- The remaining production from GRIGAR is estimated to be worth about $66K in total as of 26 August 2026, within a range of $52K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGAR is a fraction of it. The estimate fits an Arps decline curve to the production GRIGAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGAR is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGAR generate in a year?
- GRIGAR is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIGAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Cooley (Meek Sand) |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 227941 |
| Wellbores | 1 |
| Reported production | 1,751,960 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where GRIGAR 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.