GRANGER 8E
GRANGER 8E 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 June 2020 to August 2026, totalling 289,448 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 $2.4M, with roughly $717K 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 1,161 barrels a month. Its strongest month on the record we hold was October 2020, at 29,953 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 8E
- Who operates GRANGER 8E?
- GRANGER 8E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is GRANGER 8E?
- GRANGER 8E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55017.
- Is GRANGER 8E still producing?
- GRANGER 8E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRANGER 8E is August 2026.
- How much has GRANGER 8E produced?
- GRANGER 8E has reported 289,448 barrels of oil (bbl) to the Railroad Commission of Texas between June 2020 and August 2026, from 1 wellbore.
- How much is GRANGER 8E worth?
- The remaining production from GRANGER 8E is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRANGER 8E is a fraction of it. The estimate fits an Arps decline curve to the production GRANGER 8E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRANGER 8E is an estimate of value, not an offer and not an appraisal.
- How much income does GRANGER 8E generate in a year?
- GRANGER 8E is forecast to net about $717K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRANGER 8E 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 | 55017 |
| Wellbores | 1 |
| Reported production | 289,448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where GRANGER 8E 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.