MURRAY

MURRAY is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 164,043 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 $846K, with roughly $160K 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 177 barrels a month. Its strongest month on the record we hold was June 2016, at 1,159 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 MURRAY

Who operates MURRAY?
MURRAY is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
Where is MURRAY?
MURRAY is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16666.
Is MURRAY still producing?
MURRAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MURRAY is August 2026.
How much has MURRAY produced?
MURRAY has reported 164,043 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
How much is MURRAY worth?
The remaining production from MURRAY is estimated to be worth about $846K in total as of 26 August 2026, within a range of $660K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MURRAY is a fraction of it. The estimate fits an Arps decline curve to the production MURRAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MURRAY is an estimate of value, not an offer and not an appraisal.
How much income does MURRAY generate in a year?
MURRAY is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MURRAY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MURRAY as filed with the Railroad Commission of Texas
OperatorValence Operating Company
FieldEagleville (Eagle Ford-1)
CountyMcmullen County, Texas
RRC district01
Lease number16666
Wellbores1
Reported production164,043 bbl
First reported
Last reported
Estimated royalty value$846K

Where MURRAY 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.