GRINSTEAD
GRINSTEAD is a Texas oil lease in Houston County, Railroad Commission district 03, operated by Burk Royalty Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 33,647 barrels. The lease is intermittent. 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 $92K, with roughly $17K 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 10 barrels a month. Its strongest month on the record we hold was November 2018, at 395 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 GRINSTEAD
- Who operates GRINSTEAD?
- GRINSTEAD is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is GRINSTEAD?
- GRINSTEAD is a Texas oil lease in Houston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25951.
- Is GRINSTEAD still producing?
- GRINSTEAD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRINSTEAD is August 2026.
- How much has GRINSTEAD produced?
- GRINSTEAD has reported 33,647 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is GRINSTEAD worth?
- The remaining production from GRINSTEAD is estimated to be worth about $92K in total as of 26 August 2026, within a range of $50K to $133K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRINSTEAD is a fraction of it. The estimate fits an Arps decline curve to the production GRINSTEAD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRINSTEAD is an estimate of value, not an offer and not an appraisal.
- How much income does GRINSTEAD generate in a year?
- GRINSTEAD is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRINSTEAD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Houston County, Texas |
| RRC district | 03 |
| Lease number | 25951 |
| Wellbores | 1 |
| Reported production | 33,647 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
Where GRINSTEAD 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.