RAY UNIT
RAY UNIT is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 2,336,177 thousand cubic feet. 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 $738K, with roughly $113K 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 4,709 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 12,380 thousand cubic feet. 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 RAY UNIT
- Who operates RAY UNIT?
- RAY UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is RAY UNIT?
- RAY UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 217761.
- Is RAY UNIT still producing?
- RAY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAY UNIT is August 2026.
- How much has RAY UNIT produced?
- RAY UNIT has reported 2,336,177 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2005 and August 2026, from 1 wellbore.
- How much is RAY UNIT worth?
- The remaining production from RAY UNIT is estimated to be worth about $738K in total as of 26 August 2026, within a range of $613K to $864K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RAY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RAY UNIT generate in a year?
- RAY UNIT is forecast to net about $113K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 217761 |
| Wellbores | 1 |
| Reported production | 2,336,177 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $738K |
Where RAY 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.