GRAVES, SUSIE

GRAVES, SUSIE is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Harmon, C. E. Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1998 to August 2026, totalling 938,840 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 $230K, with roughly $35K 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 1,654 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 2,792 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 GRAVES, SUSIE

Who operates GRAVES, SUSIE?
GRAVES, SUSIE is operated by Harmon, C. E. Oil, Inc., Railroad Commission of Texas operator number 357436.
Where is GRAVES, SUSIE?
GRAVES, SUSIE is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 168342.
Is GRAVES, SUSIE still producing?
GRAVES, SUSIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVES, SUSIE is August 2026.
How much has GRAVES, SUSIE produced?
GRAVES, SUSIE has reported 938,840 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1998 and August 2026, from 1 wellbore.
How much is GRAVES, SUSIE worth?
The remaining production from GRAVES, SUSIE is estimated to be worth about $230K in total as of 27 August 2026, within a range of $191K to $269K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVES, SUSIE is a fraction of it. The estimate fits an Arps decline curve to the production GRAVES, SUSIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVES, SUSIE is an estimate of value, not an offer and not an appraisal.
How much income does GRAVES, SUSIE generate in a year?
GRAVES, SUSIE is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAVES, SUSIE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GRAVES, SUSIE as filed with the Railroad Commission of Texas
OperatorHarmon, C. E. Oil, Inc.
FieldHannas Draw (Hugoton)
CountyHansford County, Texas
RRC district10
Lease number168342
Wellbores1
Reported production938,840 mcf
First reported
Last reported
Estimated royalty value$230K

Where GRAVES, SUSIE 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.