RAYNER
RAYNER is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Pedco Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,691 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 $321K, with roughly $62K 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 78 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was January 2019, at 1,076 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 RAYNER
- Who operates RAYNER?
- RAYNER is operated by Pedco Resources Company, Railroad Commission of Texas operator number 650154.
- Where is RAYNER?
- RAYNER is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26120.
- Is RAYNER still producing?
- RAYNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAYNER is August 2026.
- How much has RAYNER produced?
- RAYNER has reported 14,691 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is RAYNER worth?
- The remaining production from RAYNER is estimated to be worth about $321K in total as of 26 August 2026, within a range of $176K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYNER is a fraction of it. The estimate fits an Arps decline curve to the production RAYNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYNER is an estimate of value, not an offer and not an appraisal.
- How much income does RAYNER generate in a year?
- RAYNER is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAYNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pedco Resources Company |
|---|---|
| Field | Lehn-Apco, South (Ellen) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 26120 |
| Wellbores | 3 |
| Reported production | 14,691 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $321K |
Where RAYNER 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.