RAYMOND, LES
RAYMOND, LES is a Texas gas lease in Shackelford County, Railroad Commission district 7B, operated by Grothe Bros. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 953,586 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 $568K, with roughly $86K 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 3,484 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 6,225 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 RAYMOND, LES
- Who operates RAYMOND, LES?
- RAYMOND, LES is operated by Grothe Bros., Railroad Commission of Texas operator number 335410.
- Where is RAYMOND, LES?
- RAYMOND, LES is a Texas gas lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 137083.
- Is RAYMOND, LES still producing?
- RAYMOND, LES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAYMOND, LES is August 2026.
- How much has RAYMOND, LES produced?
- RAYMOND, LES has reported 953,586 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RAYMOND, LES worth?
- The remaining production from RAYMOND, LES is estimated to be worth about $568K in total as of 27 August 2026, within a range of $471K to $664K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYMOND, LES is a fraction of it. The estimate fits an Arps decline curve to the production RAYMOND, LES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYMOND, LES is an estimate of value, not an offer and not an appraisal.
- How much income does RAYMOND, LES generate in a year?
- RAYMOND, LES is forecast to net about $86K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAYMOND, LES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grothe Bros. |
|---|---|
| Field | Royall (Ellenburger) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 137083 |
| Wellbores | 1 |
| Reported production | 953,586 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $568K |
Where RAYMOND, LES 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.