RAYMORE 57-T1-24
RAYMORE 57-T1-24 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 318,084 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 $3.4M, with roughly $875K 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 1,390 barrels a month. Its strongest month on the record we hold was May 2016, at 4,523 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 RAYMORE 57-T1-24
- Who operates RAYMORE 57-T1-24?
- RAYMORE 57-T1-24 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is RAYMORE 57-T1-24?
- RAYMORE 57-T1-24 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47625.
- Is RAYMORE 57-T1-24 still producing?
- RAYMORE 57-T1-24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAYMORE 57-T1-24 is August 2026.
- How much has RAYMORE 57-T1-24 produced?
- RAYMORE 57-T1-24 has reported 318,084 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
- How much is RAYMORE 57-T1-24 worth?
- The remaining production from RAYMORE 57-T1-24 is estimated to be worth about $3.4M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYMORE 57-T1-24 is a fraction of it. The estimate fits an Arps decline curve to the production RAYMORE 57-T1-24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYMORE 57-T1-24 is an estimate of value, not an offer and not an appraisal.
- How much income does RAYMORE 57-T1-24 generate in a year?
- RAYMORE 57-T1-24 is forecast to net about $875K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAYMORE 57-T1-24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 47625 |
| Wellbores | 1 |
| Reported production | 318,084 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where RAYMORE 57-T1-24 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.