BERRY, E. L.
BERRY, E. L. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,196 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 $120K, with roughly $20K 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 23 barrels a month. Its strongest month on the record we hold was October 2022, at 127 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 BERRY, E. L.
- Who operates BERRY, E. L.?
- BERRY, E. L. is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is BERRY, E. L.?
- BERRY, E. L. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27402.
- Is BERRY, E. L. still producing?
- BERRY, E. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERRY, E. L. is August 2026.
- How much has BERRY, E. L. produced?
- BERRY, E. L. has reported 10,196 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BERRY, E. L. worth?
- The remaining production from BERRY, E. L. is estimated to be worth about $120K in total as of 26 August 2026, within a range of $66K to $174K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERRY, E. L. is a fraction of it. The estimate fits an Arps decline curve to the production BERRY, E. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERRY, E. L. is an estimate of value, not an offer and not an appraisal.
- How much income does BERRY, E. L. generate in a year?
- BERRY, E. L. is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BERRY, E. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Alvord, South (Atoka) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 27402 |
| Wellbores | 1 |
| Reported production | 10,196 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where BERRY, E. L. 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.