J. RAYES B UNIT
J. RAYES B UNIT is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Carrizo Oil & Gas, Inc. It has 6 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 1,023,067 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 $6.0M, with roughly $1.7M 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 2,282 barrels a month, about 380 per wellbore. Its strongest month on the record we hold was March 2018, at 81,572 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 J. RAYES B UNIT
- Who operates J. RAYES B UNIT?
- J. RAYES B UNIT is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is J. RAYES B UNIT?
- J. RAYES B UNIT is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15548.
- Is J. RAYES B UNIT still producing?
- J. RAYES B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. RAYES B UNIT is August 2026.
- How much has J. RAYES B UNIT produced?
- J. RAYES B UNIT has reported 1,023,067 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 6 wellbores.
- How much is J. RAYES B UNIT worth?
- The remaining production from J. RAYES B UNIT is estimated to be worth about $6.0M in total as of 26 August 2026, within a range of $5.0M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. RAYES B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production J. RAYES B 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 B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does J. RAYES B UNIT generate in a year?
- J. RAYES B UNIT is forecast to net about $1.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in J. RAYES B 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 | 15548 |
| Wellbores | 6 |
| Reported production | 1,023,067 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where J. RAYES B 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.