GRAYSON 22
GRAYSON 22 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 4,418,907 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 $1.7M, with roughly $283K 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 9,073 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 24,324 thousand cubic feet. 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 GRAYSON 22
- Who operates GRAYSON 22?
- GRAYSON 22 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GRAYSON 22?
- GRAYSON 22 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 257931.
- Is GRAYSON 22 still producing?
- GRAYSON 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAYSON 22 is August 2026.
- How much has GRAYSON 22 produced?
- GRAYSON 22 has reported 4,418,907 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2010 and August 2026, from 1 wellbore.
- How much is GRAYSON 22 worth?
- The remaining production from GRAYSON 22 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAYSON 22 is a fraction of it. The estimate fits an Arps decline curve to the production GRAYSON 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAYSON 22 is an estimate of value, not an offer and not an appraisal.
- How much income does GRAYSON 22 generate in a year?
- GRAYSON 22 is forecast to net about $283K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAYSON 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Allison-Britt (12350) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 257931 |
| Wellbores | 1 |
| Reported production | 4,418,907 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where GRAYSON 22 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.