HILL-MAY RAY "H"
HILL-MAY RAY "H" is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Graham Royalty, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 287,932 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 $36K, with roughly $5K 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 187 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 602 thousand cubic feet. 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 HILL-MAY RAY "H"
- Who operates HILL-MAY RAY "H"?
- HILL-MAY RAY "H" is operated by Graham Royalty, Ltd., Railroad Commission of Texas operator number 324140.
- Where is HILL-MAY RAY "H"?
- HILL-MAY RAY "H" is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 107795.
- Is HILL-MAY RAY "H" still producing?
- HILL-MAY RAY "H" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILL-MAY RAY "H" is August 2026.
- How much has HILL-MAY RAY "H" produced?
- HILL-MAY RAY "H" has reported 287,932 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HILL-MAY RAY "H" worth?
- The remaining production from HILL-MAY RAY "H" is estimated to be worth about $36K in total as of 27 August 2026, within a range of $28K to $44K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL-MAY RAY "H" is a fraction of it. The estimate fits an Arps decline curve to the production HILL-MAY RAY "H" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL-MAY RAY "H" is an estimate of value, not an offer and not an appraisal.
- How much income does HILL-MAY RAY "H" generate in a year?
- HILL-MAY RAY "H" is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HILL-MAY RAY "H" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Graham Royalty, Ltd. |
|---|---|
| Field | Aldwell Ranch (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 107795 |
| Wellbores | 1 |
| Reported production | 287,932 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where HILL-MAY RAY "H" 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.