RAZOR
RAZOR is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Occam Petroleum E&P, LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 1,800 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 $199K, with roughly $38K 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 64 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was March 2023, at 155 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 RAZOR
- Who operates RAZOR?
- RAZOR is operated by Occam Petroleum E&P, LLC, Railroad Commission of Texas operator number 100296.
- Where is RAZOR?
- RAZOR is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09806.
- Is RAZOR still producing?
- RAZOR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAZOR is August 2026.
- How much has RAZOR produced?
- RAZOR has reported 1,800 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 3 wellbores.
- How much is RAZOR worth?
- The remaining production from RAZOR is estimated to be worth about $199K in total as of 26 August 2026, within a range of $110K to $289K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAZOR is a fraction of it. The estimate fits an Arps decline curve to the production RAZOR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAZOR is an estimate of value, not an offer and not an appraisal.
- How much income does RAZOR generate in a year?
- RAZOR is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAZOR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occam Petroleum E&P, LLC |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 09806 |
| Wellbores | 3 |
| Reported production | 1,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $199K |
Where RAZOR 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.