GRATEFUL DEAD EAST
GRATEFUL DEAD EAST is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petroplex Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 121,968 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 $3.5M, with roughly $1.1M 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 1,892 barrels a month, about 946 per wellbore. Its strongest month on the record we hold was February 2024, at 13,058 barrels. 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 GRATEFUL DEAD EAST
- Who operates GRATEFUL DEAD EAST?
- GRATEFUL DEAD EAST is operated by Petroplex Energy Inc., Railroad Commission of Texas operator number 660886.
- Where is GRATEFUL DEAD EAST?
- GRATEFUL DEAD EAST is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60471.
- Is GRATEFUL DEAD EAST still producing?
- GRATEFUL DEAD EAST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRATEFUL DEAD EAST is August 2026.
- How much has GRATEFUL DEAD EAST produced?
- GRATEFUL DEAD EAST has reported 121,968 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 2 wellbores.
- How much is GRATEFUL DEAD EAST worth?
- The remaining production from GRATEFUL DEAD EAST is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRATEFUL DEAD EAST is a fraction of it. The estimate fits an Arps decline curve to the production GRATEFUL DEAD EAST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRATEFUL DEAD EAST is an estimate of value, not an offer and not an appraisal.
- How much income does GRATEFUL DEAD EAST generate in a year?
- GRATEFUL DEAD EAST is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRATEFUL DEAD EAST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroplex Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 60471 |
| Wellbores | 2 |
| Reported production | 121,968 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where GRATEFUL DEAD EAST 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.