GRIFFITH B 2-4 (ALLOC-A)
GRIFFITH B 2-4 (ALLOC-A) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 276,952 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 $3.1M, with roughly $660K 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 557 barrels a month. Its strongest month on the record we hold was May 2016, at 5,621 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 GRIFFITH B 2-4 (ALLOC-A)
- Who operates GRIFFITH B 2-4 (ALLOC-A)?
- GRIFFITH B 2-4 (ALLOC-A) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is GRIFFITH B 2-4 (ALLOC-A)?
- GRIFFITH B 2-4 (ALLOC-A) is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19082.
- Is GRIFFITH B 2-4 (ALLOC-A) still producing?
- GRIFFITH B 2-4 (ALLOC-A) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFITH B 2-4 (ALLOC-A) is August 2026.
- How much has GRIFFITH B 2-4 (ALLOC-A) produced?
- GRIFFITH B 2-4 (ALLOC-A) has reported 276,952 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
- How much is GRIFFITH B 2-4 (ALLOC-A) worth?
- The remaining production from GRIFFITH B 2-4 (ALLOC-A) is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.4M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFITH B 2-4 (ALLOC-A) is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFITH B 2-4 (ALLOC-A) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFITH B 2-4 (ALLOC-A) is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFITH B 2-4 (ALLOC-A) generate in a year?
- GRIFFITH B 2-4 (ALLOC-A) is forecast to net about $660K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIFFITH B 2-4 (ALLOC-A) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19082 |
| Wellbores | 1 |
| Reported production | 276,952 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where GRIFFITH B 2-4 (ALLOC-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.