GROVER
GROVER is a Texas oil lease in Washington County, Railroad Commission district 03, operated by Ironroc Energy. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 237,629 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 $1.9M, with roughly $871K 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 1,597 barrels a month. Its strongest month on the record we hold was August 2021, at 25,009 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 GROVER
- Who operates GROVER?
- GROVER is operated by Ironroc Energy, Railroad Commission of Texas operator number 426612.
- Where is GROVER?
- GROVER is a Texas oil lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27919.
- Is GROVER still producing?
- GROVER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GROVER is August 2026.
- How much has GROVER produced?
- GROVER has reported 237,629 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is GROVER worth?
- The remaining production from GROVER is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GROVER is a fraction of it. The estimate fits an Arps decline curve to the production GROVER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GROVER is an estimate of value, not an offer and not an appraisal.
- How much income does GROVER generate in a year?
- GROVER is forecast to net about $871K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GROVER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ironroc Energy |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 27919 |
| Wellbores | 1 |
| Reported production | 237,629 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where GROVER 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.