SERENA RANCH-INDIO A
SERENA RANCH-INDIO A is a Texas oil lease in Maverick County, Railroad Commission district 01, operated by Grit Oil & Gas Management, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2025 to August 2026, totalling 120,190 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 $4.8M, with roughly $3.1M 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 8,240 barrels a month. Its strongest month on the record we hold was May 2025, at 12,017 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 SERENA RANCH-INDIO A
- Who operates SERENA RANCH-INDIO A?
- SERENA RANCH-INDIO A is operated by Grit Oil & Gas Management, LLC, Railroad Commission of Texas operator number 334912.
- Where is SERENA RANCH-INDIO A?
- SERENA RANCH-INDIO A is a Texas oil lease in Maverick County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21721.
- Is SERENA RANCH-INDIO A still producing?
- SERENA RANCH-INDIO A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SERENA RANCH-INDIO A is August 2026.
- How much has SERENA RANCH-INDIO A produced?
- SERENA RANCH-INDIO A has reported 120,190 barrels of oil (bbl) to the Railroad Commission of Texas between March 2025 and August 2026, from 1 wellbore.
- How much is SERENA RANCH-INDIO A worth?
- The remaining production from SERENA RANCH-INDIO A is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $4.0M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SERENA RANCH-INDIO A is a fraction of it. The estimate fits an Arps decline curve to the production SERENA RANCH-INDIO A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SERENA RANCH-INDIO A is an estimate of value, not an offer and not an appraisal.
- How much income does SERENA RANCH-INDIO A generate in a year?
- SERENA RANCH-INDIO A is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SERENA RANCH-INDIO A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grit Oil & Gas Management, LLC |
|---|---|
| Field | Hugh Fitzsimmons (San Miguel) |
| County | Maverick County, Texas |
| RRC district | 01 |
| Lease number | 21721 |
| Wellbores | 1 |
| Reported production | 120,190 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where SERENA RANCH-INDIO A 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.