RAYFORD, BESS
RAYFORD, BESS is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Preston Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 3,424 barrels. The lease is intermittent. 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 $89K, with roughly $17K 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 barrels a month. Its strongest month on the record we hold was May 2017, at 60 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RAYFORD, BESS
- Who operates RAYFORD, BESS?
- RAYFORD, BESS is operated by Preston Exploration LLC, Railroad Commission of Texas operator number 676133.
- Where is RAYFORD, BESS?
- RAYFORD, BESS is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15152.
- Is RAYFORD, BESS still producing?
- RAYFORD, BESS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RAYFORD, BESS is August 2026.
- How much has RAYFORD, BESS produced?
- RAYFORD, BESS has reported 3,424 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is RAYFORD, BESS worth?
- The remaining production from RAYFORD, BESS is estimated to be worth about $89K in total as of 27 August 2026, within a range of $0 to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYFORD, BESS is a fraction of it. The estimate fits an Arps decline curve to the production RAYFORD, BESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYFORD, BESS is an estimate of value, not an offer and not an appraisal.
- How much income does RAYFORD, BESS generate in a year?
- RAYFORD, BESS is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAYFORD, BESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Preston Exploration LLC |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 15152 |
| Wellbores | 1 |
| Reported production | 3,424 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where RAYFORD, BESS 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.