GRAYSON
GRAYSON is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Republic Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1998 to August 2026, totalling 7,206 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 $25K, with roughly $3K 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 barrels a month. Its strongest month on the record we hold was January 2017, at 25 barrels. 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 GRAYSON
- Who operates GRAYSON?
- GRAYSON is operated by Republic Energy Inc., Railroad Commission of Texas operator number 702645.
- Where is GRAYSON?
- GRAYSON is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29544.
- Is GRAYSON still producing?
- GRAYSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAYSON is August 2026.
- How much has GRAYSON produced?
- GRAYSON has reported 7,206 barrels of oil (bbl) to the Railroad Commission of Texas between August 1998 and August 2026, from 1 wellbore.
- How much is GRAYSON worth?
- The remaining production from GRAYSON is estimated to be worth about $25K in total as of 26 August 2026, within a range of $0 to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAYSON is a fraction of it. The estimate fits an Arps decline curve to the production GRAYSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAYSON is an estimate of value, not an offer and not an appraisal.
- How much income does GRAYSON generate in a year?
- GRAYSON is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAYSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Republic Energy Inc. |
|---|---|
| Field | Alvord, South (Atoka) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 29544 |
| Wellbores | 1 |
| Reported production | 7,206 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where GRAYSON 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.