GGH
GGH is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2005 to August 2026, totalling 96,766 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 $941K, with roughly $160K 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 149 barrels a month. Its strongest month on the record we hold was May 2019, at 375 barrels. 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 GGH
- Who operates GGH?
- GGH is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GGH?
- GGH is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30434.
- Is GGH still producing?
- GGH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GGH is August 2026.
- How much has GGH produced?
- GGH has reported 96,766 barrels of oil (bbl) to the Railroad Commission of Texas between April 2005 and August 2026, from 1 wellbore.
- How much is GGH worth?
- The remaining production from GGH is estimated to be worth about $941K in total as of 26 August 2026, within a range of $734K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GGH is a fraction of it. The estimate fits an Arps decline curve to the production GGH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GGH is an estimate of value, not an offer and not an appraisal.
- How much income does GGH generate in a year?
- GGH is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GGH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Big Indian (Dornick Hills) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 30434 |
| Wellbores | 1 |
| Reported production | 96,766 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $941K |
Where GGH 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.