GRAY 683
GRAY 683 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 1,000,898 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 $850K, with roughly $209K 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 4,116 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 12,277 thousand cubic feet. 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 GRAY 683
- Who operates GRAY 683?
- GRAY 683 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is GRAY 683?
- GRAY 683 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268700.
- Is GRAY 683 still producing?
- GRAY 683 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAY 683 is August 2026.
- How much has GRAY 683 produced?
- GRAY 683 has reported 1,000,898 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is GRAY 683 worth?
- The remaining production from GRAY 683 is estimated to be worth about $850K in total as of 26 August 2026, within a range of $706K to $995K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY 683 is a fraction of it. The estimate fits an Arps decline curve to the production GRAY 683 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY 683 is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY 683 generate in a year?
- GRAY 683 is forecast to net about $209K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAY 683 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 268700 |
| Wellbores | 1 |
| Reported production | 1,000,898 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $850K |
Where GRAY 683 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.