WRAGG, LOU
WRAGG, LOU is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Mcnallen & Griffin. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,689 barrels. 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 $126K, with roughly $24K 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 68 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was August 2017, at 182 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WRAGG, LOU
- Who operates WRAGG, LOU?
- WRAGG, LOU is operated by Mcnallen & Griffin, Railroad Commission of Texas operator number 555390.
- Where is WRAGG, LOU?
- WRAGG, LOU is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03856.
- Is WRAGG, LOU still producing?
- WRAGG, LOU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRAGG, LOU is August 2026.
- How much has WRAGG, LOU produced?
- WRAGG, LOU has reported 42,689 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WRAGG, LOU worth?
- The remaining production from WRAGG, LOU is estimated to be worth about $126K in total as of 26 August 2026, within a range of $69K to $183K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRAGG, LOU is a fraction of it. The estimate fits an Arps decline curve to the production WRAGG, LOU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRAGG, LOU is an estimate of value, not an offer and not an appraisal.
- How much income does WRAGG, LOU generate in a year?
- WRAGG, LOU is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRAGG, LOU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcnallen & Griffin |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 03856 |
| Wellbores | 2 |
| Reported production | 42,689 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $126K |
Where WRAGG, LOU 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.