GRANGER 5B
GRANGER 5B is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 358,190 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 $1.7M, with roughly $792K 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 1,482 barrels a month. Its strongest month on the record we hold was October 2020, at 33,822 barrels. 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 GRANGER 5B
- Who operates GRANGER 5B?
- GRANGER 5B is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is GRANGER 5B?
- GRANGER 5B is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55008.
- Is GRANGER 5B still producing?
- GRANGER 5B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRANGER 5B is August 2026.
- How much has GRANGER 5B produced?
- GRANGER 5B has reported 358,190 barrels of oil (bbl) to the Railroad Commission of Texas between May 2020 and August 2026, from 1 wellbore.
- How much is GRANGER 5B worth?
- The remaining production from GRANGER 5B is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRANGER 5B is a fraction of it. The estimate fits an Arps decline curve to the production GRANGER 5B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRANGER 5B is an estimate of value, not an offer and not an appraisal.
- How much income does GRANGER 5B generate in a year?
- GRANGER 5B is forecast to net about $792K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRANGER 5B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55008 |
| Wellbores | 1 |
| Reported production | 358,190 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where GRANGER 5B 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.