GRAY, B. B. ESTATE UNIT
GRAY, B. B. ESTATE UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Nuevo Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,134,007 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 $234K, with roughly $36K 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 1,220 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,335 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 GRAY, B. B. ESTATE UNIT
- Who operates GRAY, B. B. ESTATE UNIT?
- GRAY, B. B. ESTATE UNIT is operated by Nuevo Energy Company, Railroad Commission of Texas operator number 616202.
- Where is GRAY, B. B. ESTATE UNIT?
- GRAY, B. B. ESTATE UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 072337.
- Is GRAY, B. B. ESTATE UNIT still producing?
- GRAY, B. B. ESTATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAY, B. B. ESTATE UNIT is August 2026.
- How much has GRAY, B. B. ESTATE UNIT produced?
- GRAY, B. B. ESTATE UNIT has reported 2,134,007 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GRAY, B. B. ESTATE UNIT worth?
- The remaining production from GRAY, B. B. ESTATE UNIT is estimated to be worth about $234K in total as of 27 August 2026, within a range of $194K to $273K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY, B. B. ESTATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GRAY, B. B. ESTATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY, B. B. ESTATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY, B. B. ESTATE UNIT generate in a year?
- GRAY, B. B. ESTATE UNIT is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAY, B. B. ESTATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nuevo Energy Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 072337 |
| Wellbores | 1 |
| Reported production | 2,134,007 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where GRAY, B. B. ESTATE 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.