RAY EST. "A"
RAY EST. "A" is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Pitcock, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 216,000 thousand cubic feet. 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 $18K, with roughly $2K 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 86 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 307 thousand cubic feet. 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 RAY EST. "A"
- Who operates RAY EST. "A"?
- RAY EST. "A" is operated by Pitcock, Inc., Railroad Commission of Texas operator number 665870.
- Where is RAY EST. "A"?
- RAY EST. "A" is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 070926.
- Is RAY EST. "A" still producing?
- RAY EST. "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAY EST. "A" is August 2026.
- How much has RAY EST. "A" produced?
- RAY EST. "A" has reported 216,000 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RAY EST. "A" worth?
- The remaining production from RAY EST. "A" is estimated to be worth about $18K in total as of 26 August 2026, within a range of $10K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAY EST. "A" is a fraction of it. The estimate fits an Arps decline curve to the production RAY EST. "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAY EST. "A" is an estimate of value, not an offer and not an appraisal.
- How much income does RAY EST. "A" generate in a year?
- RAY EST. "A" is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAY EST. "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitcock, Inc. |
|---|---|
| Field | Clay-Ray (Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 070926 |
| Wellbores | 1 |
| Reported production | 216,000 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where RAY EST. "A" 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.