GRIFFITH
GRIFFITH is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Seagull Mid-South, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 763,517 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 $15K, 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 82 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 1,610 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 GRIFFITH
- Who operates GRIFFITH?
- GRIFFITH is operated by Seagull Mid-South, Inc., Railroad Commission of Texas operator number 761706.
- Where is GRIFFITH?
- GRIFFITH is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 164688.
- Is GRIFFITH still producing?
- GRIFFITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFITH is August 2026.
- How much has GRIFFITH produced?
- GRIFFITH has reported 763,517 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1996 and August 2026, from 1 wellbore.
- How much is GRIFFITH worth?
- The remaining production from GRIFFITH is estimated to be worth about $15K in total as of 26 August 2026, within a range of $8K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFITH is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFITH is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFITH generate in a year?
- GRIFFITH is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIFFITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Mid-South, Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 164688 |
| Wellbores | 1 |
| Reported production | 763,517 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where GRIFFITH 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.