GRACE LEECH
GRACE LEECH is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Midville Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 1,532 barrels. The lease is intermittent. 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 $8K, with roughly $1K 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 2 barrels a month. Its strongest month on the record we hold was July 2016, at 24 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GRACE LEECH
- Who operates GRACE LEECH?
- GRACE LEECH is operated by Midville Energy, LLC., Railroad Commission of Texas operator number 566317.
- Where is GRACE LEECH?
- GRACE LEECH is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31748.
- Is GRACE LEECH still producing?
- GRACE LEECH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRACE LEECH is August 2026.
- How much has GRACE LEECH produced?
- GRACE LEECH has reported 1,532 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is GRACE LEECH worth?
- The remaining production from GRACE LEECH is estimated to be worth about $8K in total as of 27 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRACE LEECH is a fraction of it. The estimate fits an Arps decline curve to the production GRACE LEECH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRACE LEECH is an estimate of value, not an offer and not an appraisal.
- How much income does GRACE LEECH generate in a year?
- GRACE LEECH is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRACE LEECH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midville Energy, LLC. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 31748 |
| Wellbores | 1 |
| Reported production | 1,532 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where GRACE LEECH 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.