GRIGGS UNIT
GRIGGS UNIT is a Texas gas 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 June 2011 to August 2026, totalling 726,927 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 $492K, with roughly $90K 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 1,703 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 5,266 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 GRIGGS UNIT
- Who operates GRIGGS UNIT?
- GRIGGS UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is GRIGGS UNIT?
- GRIGGS UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 274476.
- Is GRIGGS UNIT still producing?
- GRIGGS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIGGS UNIT is August 2026.
- How much has GRIGGS UNIT produced?
- GRIGGS UNIT has reported 726,927 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is GRIGGS UNIT worth?
- The remaining production from GRIGGS UNIT is estimated to be worth about $492K in total as of 26 August 2026, within a range of $408K to $576K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIGGS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRIGGS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIGGS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRIGGS UNIT generate in a year?
- GRIGGS UNIT is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIGGS 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 | 274476 |
| Wellbores | 1 |
| Reported production | 726,927 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where GRIGGS 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.