HALL, GRACE GAS UNIT NO. 2

HALL, GRACE GAS UNIT NO. 2 is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Great Western Onshore Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,370,064 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 $210K, with roughly $32K 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 1,322 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 3,014 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 HALL, GRACE GAS UNIT NO. 2

Who operates HALL, GRACE GAS UNIT NO. 2?: HALL, GRACE GAS UNIT NO. 2 is operated by Great Western Onshore Inc., Railroad Commission of Texas operator number 328793.
Where is HALL, GRACE GAS UNIT NO. 2?: HALL, GRACE GAS UNIT NO. 2 is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 089399.
Is HALL, GRACE GAS UNIT NO. 2 still producing?: HALL, GRACE GAS UNIT NO. 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALL, GRACE GAS UNIT NO. 2 is August 2026.
How much has HALL, GRACE GAS UNIT NO. 2 produced?: HALL, GRACE GAS UNIT NO. 2 has reported 1,370,064 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HALL, GRACE GAS UNIT NO. 2 worth?: The remaining production from HALL, GRACE GAS UNIT NO. 2 is estimated to be worth about $210K in total as of 27 August 2026, within a range of $174K to $246K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALL, GRACE GAS UNIT NO. 2 is a fraction of it. The estimate fits an Arps decline curve to the production HALL, GRACE GAS UNIT NO. 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALL, GRACE GAS UNIT NO. 2 is an estimate of value, not an offer and not an appraisal.
How much income does HALL, GRACE GAS UNIT NO. 2 generate in a year?: HALL, GRACE GAS UNIT NO. 2 is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HALL, GRACE GAS UNIT NO. 2 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HALL, GRACE GAS UNIT NO. 2 as filed with the Railroad Commission of Texas
Operator	Great Western Onshore Inc.
Field	Madisonville (Sub-Clark, Gas)
County	Madison County, Texas
RRC district	03
Lease number	089399
Wellbores	1
Reported production	1,370,064 mcf
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$210K

Where HALL, GRACE GAS UNIT NO. 2 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.