XRAY
XRAY is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 196,385 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 $5.5M, with roughly $1.7M 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 2,288 barrels a month. Its strongest month on the record we hold was March 2023, at 10,317 barrels. 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 XRAY
- Who operates XRAY?
- XRAY is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
- Where is XRAY?
- XRAY is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62103.
- Is XRAY still producing?
- XRAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for XRAY is August 2026.
- How much has XRAY produced?
- XRAY has reported 196,385 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is XRAY worth?
- The remaining production from XRAY is estimated to be worth about $5.5M in total as of 27 August 2026, within a range of $4.6M to $6.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in XRAY is a fraction of it. The estimate fits an Arps decline curve to the production XRAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for XRAY is an estimate of value, not an offer and not an appraisal.
- How much income does XRAY generate in a year?
- XRAY is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in XRAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verado Energy, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 62103 |
| Wellbores | 1 |
| Reported production | 196,385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.5M |
Where XRAY 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.