RAYES B
RAYES B is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Geosouthern Energy Corporation. It has 5 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 2,607,527 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 $12.8M, with roughly $3.1M 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 4,183 barrels a month, about 837 per wellbore. Its strongest month on the record we hold was January 2017, at 140,790 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RAYES B
- Who operates RAYES B?
- RAYES B is operated by Geosouthern Energy Corporation, Railroad Commission of Texas operator number 301287.
- Where is RAYES B?
- RAYES B is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10374.
- Is RAYES B still producing?
- RAYES B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAYES B is August 2026.
- How much has RAYES B produced?
- RAYES B has reported 2,607,527 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 5 wellbores.
- How much is RAYES B worth?
- The remaining production from RAYES B is estimated to be worth about $12.8M in total as of 26 August 2026, within a range of $10.7M to $15.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYES B is a fraction of it. The estimate fits an Arps decline curve to the production RAYES B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYES B is an estimate of value, not an offer and not an appraisal.
- How much income does RAYES B generate in a year?
- RAYES B is forecast to net about $3.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAYES B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Energy Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 10374 |
| Wellbores | 5 |
| Reported production | 2,607,527 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.8M |
Where RAYES B 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.