GRIZZLY
GRIZZLY is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 2,106,225 thousand cubic feet. 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 $44K, with roughly $6K 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 94 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 27,036 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 GRIZZLY
- Who operates GRIZZLY?
- GRIZZLY is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is GRIZZLY?
- GRIZZLY is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 207008.
- Is GRIZZLY still producing?
- GRIZZLY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRIZZLY is August 2026.
- How much has GRIZZLY produced?
- GRIZZLY has reported 2,106,225 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2004 and August 2026, from 1 wellbore.
- How much is GRIZZLY worth?
- The remaining production from GRIZZLY is estimated to be worth about $44K in total as of 26 August 2026, within a range of $24K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIZZLY is a fraction of it. The estimate fits an Arps decline curve to the production GRIZZLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIZZLY is an estimate of value, not an offer and not an appraisal.
- How much income does GRIZZLY generate in a year?
- GRIZZLY is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIZZLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Farrar (Cotton Valley Lime) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 207008 |
| Wellbores | 1 |
| Reported production | 2,106,225 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where GRIZZLY 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.