RAYFORD, O. L.
RAYFORD, O. L. is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Schlachter, David A. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 297,987 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 $723K, with roughly $204K 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 332 barrels a month, about 166 per wellbore. Its strongest month on the record we hold was May 2016, at 1,021 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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, O. L.
- Who operates RAYFORD, O. L.?
- RAYFORD, O. L. is operated by Schlachter, David A., Railroad Commission of Texas operator number 753950.
- Where is RAYFORD, O. L.?
- RAYFORD, O. L. is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 10961.
- Is RAYFORD, O. L. still producing?
- RAYFORD, O. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAYFORD, O. L. is August 2026.
- How much has RAYFORD, O. L. produced?
- RAYFORD, O. L. has reported 297,987 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RAYFORD, O. L. worth?
- The remaining production from RAYFORD, O. L. is estimated to be worth about $723K in total as of 27 August 2026, within a range of $564K to $882K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAYFORD, O. L. is a fraction of it. The estimate fits an Arps decline curve to the production RAYFORD, O. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAYFORD, O. L. is an estimate of value, not an offer and not an appraisal.
- How much income does RAYFORD, O. L. generate in a year?
- RAYFORD, O. L. is forecast to net about $204K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAYFORD, O. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schlachter, David A. |
|---|---|
| Field | Chapel Hill, E. (Paluxy 5600) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 10961 |
| Wellbores | 2 |
| Reported production | 297,987 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $723K |
Where RAYFORD, O. L. 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.