GRAGG, W. K.
GRAGG, W. K. is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Hill, R.M. Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 241,501 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 $95K, with roughly $15K 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 508 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,781 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 GRAGG, W. K.
- Who operates GRAGG, W. K.?
- GRAGG, W. K. is operated by Hill, R.M. Operating Inc., Railroad Commission of Texas operator number 387991.
- Where is GRAGG, W. K.?
- GRAGG, W. K. is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 228801.
- Is GRAGG, W. K. still producing?
- GRAGG, W. K. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAGG, W. K. is August 2026.
- How much has GRAGG, W. K. produced?
- GRAGG, W. K. has reported 241,501 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is GRAGG, W. K. worth?
- The remaining production from GRAGG, W. K. is estimated to be worth about $95K in total as of 26 August 2026, within a range of $74K to $116K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAGG, W. K. is a fraction of it. The estimate fits an Arps decline curve to the production GRAGG, W. K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAGG, W. K. is an estimate of value, not an offer and not an appraisal.
- How much income does GRAGG, W. K. generate in a year?
- GRAGG, W. K. is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAGG, W. K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hill, R.M. Operating Inc. |
|---|---|
| Field | PK Bass Hollow (Atoka Congl.) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 228801 |
| Wellbores | 1 |
| Reported production | 241,501 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $95K |
Where GRAGG, W. K. 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.