HARDIN-RAYES UNIT

HARDIN-RAYES UNIT is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Carrizo (Eagle Ford) LLC. It has 7 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 1,419,183 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 $10.6M, with roughly $2.8M 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 4,860 barrels a month, about 694 per wellbore. Its strongest month on the record we hold was June 2016, at 64,557 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 HARDIN-RAYES UNIT

Who operates HARDIN-RAYES UNIT?
HARDIN-RAYES UNIT is operated by Carrizo (Eagle Ford) LLC, Railroad Commission of Texas operator number 135316.
Where is HARDIN-RAYES UNIT?
HARDIN-RAYES UNIT is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15533.
Is HARDIN-RAYES UNIT still producing?
HARDIN-RAYES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARDIN-RAYES UNIT is August 2026.
How much has HARDIN-RAYES UNIT produced?
HARDIN-RAYES UNIT has reported 1,419,183 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 7 wellbores.
How much is HARDIN-RAYES UNIT worth?
The remaining production from HARDIN-RAYES UNIT is estimated to be worth about $10.6M in total as of 27 August 2026, within a range of $8.8M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARDIN-RAYES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HARDIN-RAYES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARDIN-RAYES UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HARDIN-RAYES UNIT generate in a year?
HARDIN-RAYES UNIT is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARDIN-RAYES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARDIN-RAYES UNIT as filed with the Railroad Commission of Texas
OperatorCarrizo (Eagle Ford) LLC
FieldEagleville (Eagle Ford-1)
CountyMcmullen County, Texas
RRC district01
Lease number15533
Wellbores7
Reported production1,419,183 bbl
First reported
Last reported
Estimated royalty value$10.6M

Where HARDIN-RAYES UNIT 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.