GRACE A
GRACE A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Hibernia Resources III, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 368,310 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 $5.7M, with roughly $1.4M 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 1,484 barrels a month. Its strongest month on the record we hold was November 2020, at 28,179 barrels. 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 GRACE A
- Who operates GRACE A?
- GRACE A is operated by Hibernia Resources III, LLC, Railroad Commission of Texas operator number 384006.
- Where is GRACE A?
- GRACE A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21000.
- Is GRACE A still producing?
- GRACE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRACE A is August 2026.
- How much has GRACE A produced?
- GRACE A has reported 368,310 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is GRACE A worth?
- The remaining production from GRACE A is estimated to be worth about $5.7M in total as of 27 August 2026, within a range of $4.7M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRACE A is a fraction of it. The estimate fits an Arps decline curve to the production GRACE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRACE A is an estimate of value, not an offer and not an appraisal.
- How much income does GRACE A generate in a year?
- GRACE A is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRACE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources III, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21000 |
| Wellbores | 1 |
| Reported production | 368,310 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where GRACE A 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.