GROVER
GROVER is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Modern Exploration, Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 389,638 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 $3.2M, with roughly $1.2M 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 1,891 barrels a month, about 630 per wellbore. Its strongest month on the record we hold was August 2020, at 25,092 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 GROVER
- Who operates GROVER?
- GROVER is operated by Modern Exploration, Inc., Railroad Commission of Texas operator number 573226.
- Where is GROVER?
- GROVER is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12068.
- Is GROVER still producing?
- GROVER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROVER is August 2026.
- How much has GROVER produced?
- GROVER has reported 389,638 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 3 wellbores.
- How much is GROVER worth?
- The remaining production from GROVER is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.6M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROVER is a fraction of it. The estimate fits an Arps decline curve to the production GROVER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROVER is an estimate of value, not an offer and not an appraisal.
- How much income does GROVER generate in a year?
- GROVER is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GROVER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Modern Exploration, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 12068 |
| Wellbores | 3 |
| Reported production | 389,638 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where GROVER 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.