LAY
LAY is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Choice Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 13,726 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $690 expected over the next twelve months.
| Operator | Choice Exploration, Inc. |
|---|---|
| Field | Mcneill |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 09261 |
| Wellbores | 1 |
| Reported production | 13,726 bbl |
| First reported | September 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.