GROVE, EUGENE
GROVE, EUGENE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 58,207 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 $539K, with roughly $104K 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 122 barrels a month. Its strongest month on the record we hold was July 2016, at 179 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 GROVE, EUGENE
- Who operates GROVE, EUGENE?
- GROVE, EUGENE is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is GROVE, EUGENE?
- GROVE, EUGENE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22125.
- Is GROVE, EUGENE still producing?
- GROVE, EUGENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROVE, EUGENE is August 2026.
- How much has GROVE, EUGENE produced?
- GROVE, EUGENE has reported 58,207 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GROVE, EUGENE worth?
- The remaining production from GROVE, EUGENE is estimated to be worth about $539K in total as of 27 August 2026, within a range of $421K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROVE, EUGENE is a fraction of it. The estimate fits an Arps decline curve to the production GROVE, EUGENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROVE, EUGENE is an estimate of value, not an offer and not an appraisal.
- How much income does GROVE, EUGENE generate in a year?
- GROVE, EUGENE is forecast to net about $104K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GROVE, EUGENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Abell (Clear Fork) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 22125 |
| Wellbores | 1 |
| Reported production | 58,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $539K |
Where GROVE, EUGENE 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.