GRANGER UNIT
GRANGER UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 51,485 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 $369K, with roughly $50K 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 22 barrels a month. Its strongest month on the record we hold was May 2016, at 194 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GRANGER UNIT
- Who operates GRANGER UNIT?
- GRANGER UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is GRANGER UNIT?
- GRANGER UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33372.
- Is GRANGER UNIT still producing?
- GRANGER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRANGER UNIT is August 2026.
- How much has GRANGER UNIT produced?
- GRANGER UNIT has reported 51,485 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is GRANGER UNIT worth?
- The remaining production from GRANGER UNIT is estimated to be worth about $369K in total as of 26 August 2026, within a range of $203K to $535K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRANGER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRANGER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRANGER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRANGER UNIT generate in a year?
- GRANGER UNIT is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRANGER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33372 |
| Wellbores | 1 |
| Reported production | 51,485 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $369K |
Where GRANGER UNIT 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.