GRESHAM B
GRESHAM B is a Texas oil lease in Leon County, Railroad Commission district 03, operated by Halcon Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 88,029 barrels. The lease is intermittent. 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 $8K, with roughly $2K 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 barrels a month. Its strongest month on the record we hold was May 2016, at 348 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GRESHAM B
- Who operates GRESHAM B?
- GRESHAM B is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is GRESHAM B?
- GRESHAM B is a Texas oil lease in Leon County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26351.
- Is GRESHAM B still producing?
- GRESHAM B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRESHAM B is August 2026.
- How much has GRESHAM B produced?
- GRESHAM B has reported 88,029 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is GRESHAM B worth?
- The remaining production from GRESHAM B is estimated to be worth about $8K in total as of 26 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRESHAM B is a fraction of it. The estimate fits an Arps decline curve to the production GRESHAM B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRESHAM B is an estimate of value, not an offer and not an appraisal.
- How much income does GRESHAM B generate in a year?
- GRESHAM B is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRESHAM B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Halliday (Woodbine) |
| County | Leon County, Texas |
| RRC district | 03 |
| Lease number | 26351 |
| Wellbores | 1 |
| Reported production | 88,029 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where GRESHAM B 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.