RACKLEY, HENRY

RACKLEY, HENRY is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Rlu Oil & Gas, Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,463 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 $32K, with roughly $6K 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 13 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was September 2018, at 55 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RACKLEY, HENRY

Who operates RACKLEY, HENRY?
RACKLEY, HENRY is operated by Rlu Oil & Gas, Inc., Railroad Commission of Texas operator number 714274.
Where is RACKLEY, HENRY?
RACKLEY, HENRY is a Texas oil lease in Medina County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 00304.
Is RACKLEY, HENRY still producing?
RACKLEY, HENRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RACKLEY, HENRY is August 2026.
How much has RACKLEY, HENRY produced?
RACKLEY, HENRY has reported 13,463 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
How much is RACKLEY, HENRY worth?
The remaining production from RACKLEY, HENRY is estimated to be worth about $32K in total as of 27 August 2026, within a range of $17K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RACKLEY, HENRY is a fraction of it. The estimate fits an Arps decline curve to the production RACKLEY, HENRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RACKLEY, HENRY is an estimate of value, not an offer and not an appraisal.
How much income does RACKLEY, HENRY generate in a year?
RACKLEY, HENRY is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RACKLEY, HENRY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RACKLEY, HENRY as filed with the Railroad Commission of Texas
OperatorRlu Oil & Gas, Inc.
FieldChicon Lake
CountyMedina County, Texas
RRC district01
Lease number00304
Wellbores10
Reported production13,463 bbl
First reported
Last reported
Estimated royalty value$32K

Where RACKLEY, HENRY 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.