J. RAYES A UNIT
J. RAYES A UNIT is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 175,835 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 $397K, with roughly $89K 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 204 barrels a month. Its strongest month on the record we hold was June 2016, at 1,380 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 J. RAYES A UNIT
- Who operates J. RAYES A UNIT?
- J. RAYES A UNIT is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is J. RAYES A UNIT?
- J. RAYES A UNIT is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15557.
- Is J. RAYES A UNIT still producing?
- J. RAYES A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. RAYES A UNIT is August 2026.
- How much has J. RAYES A UNIT produced?
- J. RAYES A UNIT has reported 175,835 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 1 wellbore.
- How much is J. RAYES A UNIT worth?
- The remaining production from J. RAYES A UNIT is estimated to be worth about $397K in total as of 26 August 2026, within a range of $309K to $484K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. RAYES A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production J. RAYES A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. RAYES A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does J. RAYES A UNIT generate in a year?
- J. RAYES A UNIT is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J. RAYES A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 15557 |
| Wellbores | 1 |
| Reported production | 175,835 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $397K |
Where J. RAYES A 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.