GROSS
GROSS is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Preston Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 1,127,130 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 $141K, with roughly $25K 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 893 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 4,004 thousand cubic feet. 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 GROSS
- Who operates GROSS?
- GROSS is operated by Preston Exploration LLC, Railroad Commission of Texas operator number 676133.
- Where is GROSS?
- GROSS is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 224702.
- Is GROSS still producing?
- GROSS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROSS is August 2026.
- How much has GROSS produced?
- GROSS has reported 1,127,130 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is GROSS worth?
- The remaining production from GROSS is estimated to be worth about $141K in total as of 26 August 2026, within a range of $110K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROSS is a fraction of it. The estimate fits an Arps decline curve to the production GROSS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROSS is an estimate of value, not an offer and not an appraisal.
- How much income does GROSS generate in a year?
- GROSS is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GROSS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Preston Exploration LLC |
|---|---|
| Field | Blocker (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 224702 |
| Wellbores | 1 |
| Reported production | 1,127,130 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $141K |
Where GROSS 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.