GRAGG NORTH
GRAGG NORTH is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Hill, R.M. Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 57,335 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 $13K, with roughly $2K 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 54 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 294 thousand cubic feet. 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 GRAGG NORTH
- Who operates GRAGG NORTH?
- GRAGG NORTH is operated by Hill, R.M. Operating Inc., Railroad Commission of Texas operator number 387991.
- Where is GRAGG NORTH?
- GRAGG NORTH is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 222028.
- Is GRAGG NORTH still producing?
- GRAGG NORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAGG NORTH is August 2026.
- How much has GRAGG NORTH produced?
- GRAGG NORTH has reported 57,335 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is GRAGG NORTH worth?
- The remaining production from GRAGG NORTH is estimated to be worth about $13K in total as of 27 August 2026, within a range of $7K to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAGG NORTH is a fraction of it. The estimate fits an Arps decline curve to the production GRAGG NORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAGG NORTH is an estimate of value, not an offer and not an appraisal.
- How much income does GRAGG NORTH generate in a year?
- GRAGG NORTH is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAGG NORTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hill, R.M. Operating Inc. |
|---|---|
| Field | W. A. Gragg (Atoka Conglomerate) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 222028 |
| Wellbores | 1 |
| Reported production | 57,335 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where GRAGG NORTH 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.