SNYDER, JAMES L.
SNYDER, JAMES L. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 46,917 barrels. The lease is intermittent. 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 $1.2M, with roughly $321K 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 455 barrels a month, about 227 per wellbore. Its strongest month on the record we hold was August 2025, at 586 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 SNYDER, JAMES L.
- Who operates SNYDER, JAMES L.?
- SNYDER, JAMES L. is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is SNYDER, JAMES L.?
- SNYDER, JAMES L. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31751.
- Is SNYDER, JAMES L. still producing?
- SNYDER, JAMES L. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SNYDER, JAMES L. is August 2026.
- How much has SNYDER, JAMES L. produced?
- SNYDER, JAMES L. has reported 46,917 barrels of oil (bbl) to the Railroad Commission of Texas between July 2010 and August 2026, from 2 wellbores.
- How much is SNYDER, JAMES L. worth?
- The remaining production from SNYDER, JAMES L. is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $936K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNYDER, JAMES L. is a fraction of it. The estimate fits an Arps decline curve to the production SNYDER, JAMES L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNYDER, JAMES L. is an estimate of value, not an offer and not an appraisal.
- How much income does SNYDER, JAMES L. generate in a year?
- SNYDER, JAMES L. is forecast to net about $321K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNYDER, JAMES L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Risch, East (Caddo Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 31751 |
| Wellbores | 2 |
| Reported production | 46,917 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where SNYDER, JAMES 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.