GRAVY '18' UNIT
GRAVY '18' UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 42,481 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 $331K, with roughly $58K 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 74 barrels a month. Its strongest month on the record we hold was May 2018, at 615 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 GRAVY '18' UNIT
- Who operates GRAVY '18' UNIT?
- GRAVY '18' UNIT is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is GRAVY '18' UNIT?
- GRAVY '18' UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43556.
- Is GRAVY '18' UNIT still producing?
- GRAVY '18' UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVY '18' UNIT is August 2026.
- How much has GRAVY '18' UNIT produced?
- GRAVY '18' UNIT has reported 42,481 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is GRAVY '18' UNIT worth?
- The remaining production from GRAVY '18' UNIT is estimated to be worth about $331K in total as of 27 August 2026, within a range of $182K to $480K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVY '18' UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRAVY '18' UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVY '18' UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRAVY '18' UNIT generate in a year?
- GRAVY '18' UNIT is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAVY '18' UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 43556 |
| Wellbores | 1 |
| Reported production | 42,481 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $331K |
Where GRAVY '18' UNIT 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.