GRIFFIN 67
GRIFFIN 67 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 76,845 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 $1.5M, with roughly $230K 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 187 barrels a month. Its strongest month on the record we hold was August 2017, at 7,191 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 GRIFFIN 67
- Who operates GRIFFIN 67?
- GRIFFIN 67 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GRIFFIN 67?
- GRIFFIN 67 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09549.
- Is GRIFFIN 67 still producing?
- GRIFFIN 67 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFIN 67 is August 2026.
- How much has GRIFFIN 67 produced?
- GRIFFIN 67 has reported 76,845 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is GRIFFIN 67 worth?
- The remaining production from GRIFFIN 67 is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFIN 67 is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFIN 67 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFIN 67 is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFIN 67 generate in a year?
- GRIFFIN 67 is forecast to net about $230K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIFFIN 67 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09549 |
| Wellbores | 1 |
| Reported production | 76,845 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where GRIFFIN 67 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.