RAY UNIT
RAY UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 1,595,582 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 $349K, with roughly $53K 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 2,401 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,906 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 RAY UNIT
- Where is RAY UNIT?
- RAY UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 251374.
- Is RAY UNIT still producing?
- RAY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAY UNIT is August 2026.
- How much has RAY UNIT produced?
- RAY UNIT has reported 1,595,582 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is RAY UNIT worth?
- The remaining production from RAY UNIT is estimated to be worth about $349K in total as of 27 August 2026, within a range of $290K to $409K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RAY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RAY UNIT generate in a year?
- RAY UNIT is forecast to net about $53K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Tarrant County, Texas |
|---|---|
| RRC district | 09 |
| Lease number | 251374 |
| Wellbores | 1 |
| Reported production | 1,595,582 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $349K |
Where RAY UNIT 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.