GRIFFIN
GRIFFIN is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Griffin Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 63,265 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 $10.8M, with roughly $2.4M 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 4,297 barrels a month, about 2,149 per wellbore. Its strongest month on the record we hold was October 2025, at 7,145 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GRIFFIN
- Who operates GRIFFIN?
- GRIFFIN is operated by Griffin Petroleum Company, Railroad Commission of Texas operator number 333925.
- Where is GRIFFIN?
- GRIFFIN is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71481.
- Is GRIFFIN still producing?
- GRIFFIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRIFFIN is August 2026.
- How much has GRIFFIN produced?
- GRIFFIN has reported 63,265 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 2 wellbores.
- How much is GRIFFIN worth?
- The remaining production from GRIFFIN is estimated to be worth about $10.8M in total as of 26 August 2026, within a range of $8.9M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRIFFIN is a fraction of it. The estimate fits an Arps decline curve to the production GRIFFIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRIFFIN is an estimate of value, not an offer and not an appraisal.
- How much income does GRIFFIN generate in a year?
- GRIFFIN is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRIFFIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Griffin Petroleum Company |
|---|---|
| Field | Suntura (Lower Clear Fork) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 71481 |
| Wellbores | 2 |
| Reported production | 63,265 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.8M |
Where GRIFFIN 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.