ASH GROVE B
ASH GROVE B is a Texas gas lease in Ellis County, Railroad Commission district 09, operated by Metroplex Barnett Shale LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 843,779 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 $39K, 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 151 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 574 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 ASH GROVE B
- Who operates ASH GROVE B?
- ASH GROVE B is operated by Metroplex Barnett Shale LLC, Railroad Commission of Texas operator number 562297.
- Where is ASH GROVE B?
- ASH GROVE B is a Texas gas lease in Ellis County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 239380.
- Is ASH GROVE B still producing?
- ASH GROVE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASH GROVE B is August 2026.
- How much has ASH GROVE B produced?
- ASH GROVE B has reported 843,779 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is ASH GROVE B worth?
- The remaining production from ASH GROVE B is estimated to be worth about $39K in total as of 26 August 2026, within a range of $31K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASH GROVE B is a fraction of it. The estimate fits an Arps decline curve to the production ASH GROVE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASH GROVE B is an estimate of value, not an offer and not an appraisal.
- How much income does ASH GROVE B generate in a year?
- ASH GROVE B is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASH GROVE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Metroplex Barnett Shale LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Ellis County, Texas |
| RRC district | 09 |
| Lease number | 239380 |
| Wellbores | 1 |
| Reported production | 843,779 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where ASH GROVE B 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.