GRAGG SHALLOW
GRAGG SHALLOW is a Texas oil lease in Young County, Railroad Commission district 09, operated by Rogers Drilling Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 8,302 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 $123K, with roughly $24K 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 60 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was September 2020, at 211 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SHALLOW
- Who operates GRAGG SHALLOW?
- GRAGG SHALLOW is operated by Rogers Drilling Co., Inc., Railroad Commission of Texas operator number 725080.
- Where is GRAGG SHALLOW?
- GRAGG SHALLOW is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32801.
- Is GRAGG SHALLOW still producing?
- GRAGG SHALLOW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAGG SHALLOW is August 2026.
- How much has GRAGG SHALLOW produced?
- GRAGG SHALLOW has reported 8,302 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is GRAGG SHALLOW worth?
- The remaining production from GRAGG SHALLOW is estimated to be worth about $123K in total as of 26 August 2026, within a range of $68K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAGG SHALLOW is a fraction of it. The estimate fits an Arps decline curve to the production GRAGG SHALLOW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAGG SHALLOW is an estimate of value, not an offer and not an appraisal.
- How much income does GRAGG SHALLOW generate in a year?
- GRAGG SHALLOW is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAGG SHALLOW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rogers Drilling Co., Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 32801 |
| Wellbores | 2 |
| Reported production | 8,302 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where GRAGG SHALLOW 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.