GUNNAR
GUNNAR is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Griffin Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 25,657 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 $212K, with roughly $41K 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 53 barrels a month. Its strongest month on the record we hold was July 2023, at 170 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 GUNNAR
- Who operates GUNNAR?
- GUNNAR is operated by Griffin Petroleum Company, Railroad Commission of Texas operator number 333925.
- Where is GUNNAR?
- GUNNAR is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68724.
- Is GUNNAR still producing?
- GUNNAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUNNAR is August 2026.
- How much has GUNNAR produced?
- GUNNAR has reported 25,657 barrels of oil (bbl) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is GUNNAR worth?
- The remaining production from GUNNAR is estimated to be worth about $212K in total as of 26 August 2026, within a range of $116K to $307K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUNNAR is a fraction of it. The estimate fits an Arps decline curve to the production GUNNAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUNNAR is an estimate of value, not an offer and not an appraisal.
- How much income does GUNNAR generate in a year?
- GUNNAR is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUNNAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Griffin Petroleum Company |
|---|---|
| Field | Brumley (Clear Fork, Lo.) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68724 |
| Wellbores | 1 |
| Reported production | 25,657 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $212K |
Where GUNNAR 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.