GROUNDS
GROUNDS is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by O'Ryan Oil And Gas. It has 1 wellbore on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 285,541 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 $21K, with roughly $5K 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 272 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 2,369 thousand cubic feet. 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 GROUNDS
- Who operates GROUNDS?
- GROUNDS is operated by O'Ryan Oil And Gas, Railroad Commission of Texas operator number 617042.
- Where is GROUNDS?
- GROUNDS is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 254556.
- Is GROUNDS still producing?
- GROUNDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROUNDS is August 2026.
- How much has GROUNDS produced?
- GROUNDS has reported 285,541 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2009 and August 2026, from 1 wellbore.
- How much is GROUNDS worth?
- The remaining production from GROUNDS is estimated to be worth about $21K in total as of 26 August 2026, within a range of $17K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROUNDS is a fraction of it. The estimate fits an Arps decline curve to the production GROUNDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROUNDS is an estimate of value, not an offer and not an appraisal.
- How much income does GROUNDS generate in a year?
- GROUNDS is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GROUNDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | O'Ryan Oil And Gas |
|---|---|
| Field | Trawick (Pettit-TP Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 254556 |
| Wellbores | 1 |
| Reported production | 285,541 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where GROUNDS 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.