GRAGG
GRAGG is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Premier Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,235 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 $197, with roughly $25 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 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 2 thousand cubic feet. 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 GRAGG
- Who operates GRAGG?
- GRAGG is operated by Premier Energy, Inc., Railroad Commission of Texas operator number 676042.
- Where is GRAGG?
- GRAGG is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 106371.
- Is GRAGG still producing?
- GRAGG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAGG is August 2026.
- How much has GRAGG produced?
- GRAGG has reported 21,235 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GRAGG worth?
- The remaining production from GRAGG is estimated to be worth about $197 in total as of 26 August 2026, within a range of $0 to $395. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAGG is a fraction of it. The estimate fits an Arps decline curve to the production GRAGG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAGG is an estimate of value, not an offer and not an appraisal.
- How much income does GRAGG generate in a year?
- GRAGG is forecast to net about $25 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAGG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Premier Energy, Inc. |
|---|---|
| Field | Panhandle, East |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 106371 |
| Wellbores | 1 |
| Reported production | 21,235 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $197 |
Where GRAGG 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.