GRIZZLY WEST 77
GRIZZLY WEST 77 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by PDC Permian, Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 314,396 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 $2.6M, with roughly $650K 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 812 barrels a month, about 271 per wellbore. Its strongest month on the record we hold was February 2018, at 51,294 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 GRIZZLY WEST 77
- Who operates GRIZZLY WEST 77?
- GRIZZLY WEST 77 is operated by PDC Permian, Inc., Railroad Commission of Texas operator number 646832.
- Where is GRIZZLY WEST 77?
- GRIZZLY WEST 77 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49942.
- Is GRIZZLY WEST 77 still producing?
- GRIZZLY WEST 77 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIZZLY WEST 77 is August 2026.
- How much has GRIZZLY WEST 77 produced?
- GRIZZLY WEST 77 has reported 314,396 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 3 wellbores.
- How much is GRIZZLY WEST 77 worth?
- The remaining production from GRIZZLY WEST 77 is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIZZLY WEST 77 is a fraction of it. The estimate fits an Arps decline curve to the production GRIZZLY WEST 77 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIZZLY WEST 77 is an estimate of value, not an offer and not an appraisal.
- How much income does GRIZZLY WEST 77 generate in a year?
- GRIZZLY WEST 77 is forecast to net about $650K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRIZZLY WEST 77 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PDC Permian, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49942 |
| Wellbores | 3 |
| Reported production | 314,396 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where GRIZZLY WEST 77 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.