GRAVES C
GRAVES C is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,076 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 $518K, with roughly $100K 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 136 barrels a month. Its strongest month on the record we hold was September 2022, at 861 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 GRAVES C
- Who operates GRAVES C?
- GRAVES C is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is GRAVES C?
- GRAVES C is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33138.
- Is GRAVES C still producing?
- GRAVES C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVES C is August 2026.
- How much has GRAVES C produced?
- GRAVES C has reported 37,076 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GRAVES C worth?
- The remaining production from GRAVES C is estimated to be worth about $518K in total as of 26 August 2026, within a range of $404K to $632K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVES C is a fraction of it. The estimate fits an Arps decline curve to the production GRAVES C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVES C is an estimate of value, not an offer and not an appraisal.
- How much income does GRAVES C generate in a year?
- GRAVES C is forecast to net about $100K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAVES C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 33138 |
| Wellbores | 1 |
| Reported production | 37,076 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $518K |
Where GRAVES C 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.