STING RAY A
STING RAY A is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Abraxas Petroleum Corporation. It has 8 wellbores on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 1,748,552 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 $11.2M, with roughly $3.6M 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 6,100 barrels a month, about 762 per wellbore. Its strongest month on the record we hold was November 2023, at 31,436 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 STING RAY A
- Who operates STING RAY A?
- STING RAY A is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is STING RAY A?
- STING RAY A is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16983.
- Is STING RAY A still producing?
- STING RAY A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STING RAY A is August 2026.
- How much has STING RAY A produced?
- STING RAY A has reported 1,748,552 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 8 wellbores.
- How much is STING RAY A worth?
- The remaining production from STING RAY A is estimated to be worth about $11.2M in total as of 26 August 2026, within a range of $9.3M to $13.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STING RAY A is a fraction of it. The estimate fits an Arps decline curve to the production STING RAY A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STING RAY A is an estimate of value, not an offer and not an appraisal.
- How much income does STING RAY A generate in a year?
- STING RAY A is forecast to net about $3.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STING RAY A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 16983 |
| Wellbores | 8 |
| Reported production | 1,748,552 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.2M |
Where STING RAY A 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.