PIERCE-SUNRAY
PIERCE-SUNRAY is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Questa Oil & Gas Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 11,612 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 $263K, with roughly $51K 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 55 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was April 2026, at 175 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 PIERCE-SUNRAY
- Who operates PIERCE-SUNRAY?
- PIERCE-SUNRAY is operated by Questa Oil & Gas Co., Railroad Commission of Texas operator number 684635.
- Where is PIERCE-SUNRAY?
- PIERCE-SUNRAY is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 05393.
- Is PIERCE-SUNRAY still producing?
- PIERCE-SUNRAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE-SUNRAY is August 2026.
- How much has PIERCE-SUNRAY produced?
- PIERCE-SUNRAY has reported 11,612 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is PIERCE-SUNRAY worth?
- The remaining production from PIERCE-SUNRAY is estimated to be worth about $263K in total as of 26 August 2026, within a range of $145K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE-SUNRAY is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE-SUNRAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE-SUNRAY is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE-SUNRAY generate in a year?
- PIERCE-SUNRAY is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIERCE-SUNRAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Questa Oil & Gas Co. |
|---|---|
| Field | V. I. P. (Clear Fork Middle) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 05393 |
| Wellbores | 4 |
| Reported production | 11,612 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where PIERCE-SUNRAY 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.