GRACE
GRACE is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Republic Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 51,313 thousand cubic feet. 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 $79K, with roughly $15K 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 247 thousand cubic feet a month. Its strongest month on the record we hold was October 2020, at 1,875 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRACE
- Who operates GRACE?
- GRACE is operated by Republic Energy Inc., Railroad Commission of Texas operator number 702645.
- Where is GRACE?
- GRACE is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 218040.
- Is GRACE still producing?
- GRACE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRACE is August 2026.
- How much has GRACE produced?
- GRACE has reported 51,313 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is GRACE worth?
- The remaining production from GRACE is estimated to be worth about $79K in total as of 26 August 2026, within a range of $62K to $96K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRACE is a fraction of it. The estimate fits an Arps decline curve to the production GRACE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRACE is an estimate of value, not an offer and not an appraisal.
- How much income does GRACE generate in a year?
- GRACE is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRACE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Republic Energy Inc. |
|---|---|
| Field | Weiler (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 218040 |
| Wellbores | 1 |
| Reported production | 51,313 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $79K |
Where GRACE 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.