GRIMM OL UNIT
GRIMM OL UNIT is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from August 1999 to August 2026, totalling 1,173,432 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 $6K, with roughly $1K 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 12 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,015 thousand cubic feet. 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 GRIMM OL UNIT
- Who operates GRIMM OL UNIT?
- GRIMM OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is GRIMM OL UNIT?
- GRIMM OL UNIT is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 174194.
- Is GRIMM OL UNIT still producing?
- GRIMM OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIMM OL UNIT is August 2026.
- How much has GRIMM OL UNIT produced?
- GRIMM OL UNIT has reported 1,173,432 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1999 and August 2026, from 1 wellbore.
- How much is GRIMM OL UNIT worth?
- The remaining production from GRIMM OL UNIT is estimated to be worth about $6K in total as of 26 August 2026, within a range of $4K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIMM OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRIMM OL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIMM OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRIMM OL UNIT generate in a year?
- GRIMM OL UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIMM OL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 174194 |
| Wellbores | 1 |
| Reported production | 1,173,432 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where GRIMM OL 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.