GRAVES, DORIS
GRAVES, DORIS is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 607,702 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 $38K, with roughly $22K 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 791 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 4,309 thousand cubic feet. 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 GRAVES, DORIS
- Who operates GRAVES, DORIS?
- GRAVES, DORIS is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is GRAVES, DORIS?
- GRAVES, DORIS is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232535.
- Is GRAVES, DORIS still producing?
- GRAVES, DORIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAVES, DORIS is August 2026.
- How much has GRAVES, DORIS produced?
- GRAVES, DORIS has reported 607,702 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is GRAVES, DORIS worth?
- The remaining production from GRAVES, DORIS is estimated to be worth about $38K in total as of 26 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAVES, DORIS is a fraction of it. The estimate fits an Arps decline curve to the production GRAVES, DORIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAVES, DORIS is an estimate of value, not an offer and not an appraisal.
- How much income does GRAVES, DORIS generate in a year?
- GRAVES, DORIS is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAVES, DORIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 232535 |
| Wellbores | 1 |
| Reported production | 607,702 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where GRAVES, DORIS 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.