RAITER
RAITER is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Partee Drilling Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 1999 to August 2026, totalling 34,819 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 $116K, with roughly $22K 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 37 barrels a month. Its strongest month on the record we hold was April 2025, at 102 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 RAITER
- Who operates RAITER?
- RAITER is operated by Partee Drilling Inc., Railroad Commission of Texas operator number 642702.
- Where is RAITER?
- RAITER is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36005.
- Is RAITER still producing?
- RAITER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAITER is August 2026.
- How much has RAITER produced?
- RAITER has reported 34,819 barrels of oil (bbl) to the Railroad Commission of Texas between April 1999 and August 2026, from 1 wellbore.
- How much is RAITER worth?
- The remaining production from RAITER is estimated to be worth about $116K in total as of 27 August 2026, within a range of $64K to $168K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAITER is a fraction of it. The estimate fits an Arps decline curve to the production RAITER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAITER is an estimate of value, not an offer and not an appraisal.
- How much income does RAITER generate in a year?
- RAITER is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAITER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Partee Drilling Inc. |
|---|---|
| Field | Westbrook, East (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 36005 |
| Wellbores | 1 |
| Reported production | 34,819 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where RAITER 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.