GRACE HALL UNIT B
GRACE HALL UNIT B is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Crimson Exploration Oper., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 116,267 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 $627K, with roughly $117K 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 189 barrels a month. Its strongest month on the record we hold was May 2016, at 910 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRACE HALL UNIT B
- Who operates GRACE HALL UNIT B?
- GRACE HALL UNIT B is operated by Crimson Exploration Oper., Inc., Railroad Commission of Texas operator number 190005.
- Where is GRACE HALL UNIT B?
- GRACE HALL UNIT B is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26720.
- Is GRACE HALL UNIT B still producing?
- GRACE HALL UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRACE HALL UNIT B is August 2026.
- How much has GRACE HALL UNIT B produced?
- GRACE HALL UNIT B has reported 116,267 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is GRACE HALL UNIT B worth?
- The remaining production from GRACE HALL UNIT B is estimated to be worth about $627K in total as of 26 August 2026, within a range of $489K to $765K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRACE HALL UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production GRACE HALL UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRACE HALL UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does GRACE HALL UNIT B generate in a year?
- GRACE HALL UNIT B is forecast to net about $117K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRACE HALL UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crimson Exploration Oper., Inc. |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26720 |
| Wellbores | 1 |
| Reported production | 116,267 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $627K |
Where GRACE HALL UNIT 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.