BALES-GRIFFIN UNIT
BALES-GRIFFIN UNIT is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 3,483,700 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 $1.2M, with roughly $176K 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 7,348 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 16,182 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 BALES-GRIFFIN UNIT
- Who operates BALES-GRIFFIN UNIT?
- BALES-GRIFFIN UNIT is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is BALES-GRIFFIN UNIT?
- BALES-GRIFFIN UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255728.
- Is BALES-GRIFFIN UNIT still producing?
- BALES-GRIFFIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALES-GRIFFIN UNIT is August 2026.
- How much has BALES-GRIFFIN UNIT produced?
- BALES-GRIFFIN UNIT has reported 3,483,700 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is BALES-GRIFFIN UNIT worth?
- The remaining production from BALES-GRIFFIN UNIT is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $965K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALES-GRIFFIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BALES-GRIFFIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALES-GRIFFIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BALES-GRIFFIN UNIT generate in a year?
- BALES-GRIFFIN UNIT is forecast to net about $176K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALES-GRIFFIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 255728 |
| Wellbores | 1 |
| Reported production | 3,483,700 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BALES-GRIFFIN 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.