GRISSOM
GRISSOM is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Bee-Jay Petro, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,078 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 $207K, with roughly $40K 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 54 barrels a month. Its strongest month on the record we hold was March 2021, at 186 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 GRISSOM
- Who operates GRISSOM?
- GRISSOM is operated by Bee-Jay Petro, Inc., Railroad Commission of Texas operator number 061747.
- Where is GRISSOM?
- GRISSOM is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 61442.
- Is GRISSOM still producing?
- GRISSOM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRISSOM is August 2026.
- How much has GRISSOM produced?
- GRISSOM has reported 23,078 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GRISSOM worth?
- The remaining production from GRISSOM is estimated to be worth about $207K in total as of 26 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRISSOM is a fraction of it. The estimate fits an Arps decline curve to the production GRISSOM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRISSOM is an estimate of value, not an offer and not an appraisal.
- How much income does GRISSOM generate in a year?
- GRISSOM is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRISSOM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bee-Jay Petro, Inc. |
|---|---|
| Field | Mcculloch (Clear Fork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 61442 |
| Wellbores | 1 |
| Reported production | 23,078 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where GRISSOM 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.