RAY, LEE A
RAY, LEE A is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Killion Well Service Inc. It has 3 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 39,473 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 $46K, with roughly $7K expected over the next twelve months.
| Operator | Killion Well Service Inc. |
|---|---|
| Field | Lee Ray (Caddo) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 31120 |
| Wellbores | 3 |
| Reported production | 39,473 bbl |
| First reported | December 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $46K |
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.