GRIMES
GRIMES is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Pmo. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 224,468 thousand cubic feet. The lease is shut in. 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 $3K, with roughly $437 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 16 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 2,824 thousand cubic feet.
Key facts about GRIMES
- Who operates GRIMES?
- GRIMES is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is GRIMES?
- GRIMES is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 223260.
- Is GRIMES still producing?
- GRIMES is shut in. The most recent month of production reported to the Railroad Commission of Texas for GRIMES is August 2026.
- How much has GRIMES produced?
- GRIMES has reported 224,468 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is GRIMES worth?
- The remaining production from GRIMES is estimated to be worth about $3K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIMES is a fraction of it. The estimate fits an Arps decline curve to the production GRIMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIMES is an estimate of value, not an offer and not an appraisal.
- How much income does GRIMES generate in a year?
- GRIMES is forecast to net about $437 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 223260 |
| Wellbores | 1 |
| Reported production | 224,468 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GRIMES 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.