WRANGLER
WRANGLER is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from September 1999 to August 2026, totalling 3,455,178 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 $218K, with roughly $33K 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 1,522 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 5,302 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 WRANGLER
- Who operates WRANGLER?
- WRANGLER is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is WRANGLER?
- WRANGLER is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 175276.
- Is WRANGLER still producing?
- WRANGLER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRANGLER is August 2026.
- How much has WRANGLER produced?
- WRANGLER has reported 3,455,178 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1999 and August 2026, from 1 wellbore.
- How much is WRANGLER worth?
- The remaining production from WRANGLER is estimated to be worth about $218K in total as of 26 August 2026, within a range of $181K to $255K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRANGLER is a fraction of it. The estimate fits an Arps decline curve to the production WRANGLER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRANGLER is an estimate of value, not an offer and not an appraisal.
- How much income does WRANGLER generate in a year?
- WRANGLER is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRANGLER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 175276 |
| Wellbores | 1 |
| Reported production | 3,455,178 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $218K |
Where WRANGLER 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.