GREER
GREER is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Allen Brothers Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,659 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 $343K, with roughly $66K 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 100 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was November 2024, at 195 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 GREER
- Who operates GREER?
- GREER is operated by Allen Brothers Company, Railroad Commission of Texas operator number 013633.
- Where is GREER?
- GREER is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 10970.
- Is GREER still producing?
- GREER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREER is August 2026.
- How much has GREER produced?
- GREER has reported 25,659 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is GREER worth?
- The remaining production from GREER is estimated to be worth about $343K in total as of 26 August 2026, within a range of $189K to $497K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREER is a fraction of it. The estimate fits an Arps decline curve to the production GREER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREER is an estimate of value, not an offer and not an appraisal.
- How much income does GREER generate in a year?
- GREER is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Allen Brothers Company |
|---|---|
| Field | Longwood (Goodland Lime) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 10970 |
| Wellbores | 3 |
| Reported production | 25,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $343K |
Where GREER 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.