GRAVES, T.A.
GRAVES, T.A. is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Ambassador Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 41,997 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 $216K, with roughly $42K 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 44 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was July 2017, at 353 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 GRAVES, T.A.
- Who operates GRAVES, T.A.?
- GRAVES, T.A. is operated by Ambassador Petroleum, Inc., Railroad Commission of Texas operator number 016881.
- Where is GRAVES, T.A.?
- GRAVES, T.A. is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09251.
- Is GRAVES, T.A. still producing?
- GRAVES, T.A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVES, T.A. is August 2026.
- How much has GRAVES, T.A. produced?
- GRAVES, T.A. has reported 41,997 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 2 wellbores.
- How much is GRAVES, T.A. worth?
- The remaining production from GRAVES, T.A. is estimated to be worth about $216K in total as of 26 August 2026, within a range of $119K to $313K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVES, T.A. is a fraction of it. The estimate fits an Arps decline curve to the production GRAVES, T.A. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVES, T.A. is an estimate of value, not an offer and not an appraisal.
- How much income does GRAVES, T.A. generate in a year?
- GRAVES, T.A. is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAVES, T.A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ambassador Petroleum, Inc. |
|---|---|
| Field | Westhoff (Combined Associated) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 09251 |
| Wellbores | 2 |
| Reported production | 41,997 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where GRAVES, T.A. 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.