WRIGHT, J.M. UNIT
WRIGHT, J.M. UNIT is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Ard Drilling Company Inc. It has 99 wellbores on file with the Commission. Reported production runs from September 1999 to August 2026, totalling 2,096,106 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 $9.7M, with roughly $2.2M 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 3,164 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was May 2016, at 8,437 barrels. 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 WRIGHT, J.M. UNIT
- Who operates WRIGHT, J.M. UNIT?
- WRIGHT, J.M. UNIT is operated by Ard Drilling Company Inc., Railroad Commission of Texas operator number 029413.
- Where is WRIGHT, J.M. UNIT?
- WRIGHT, J.M. UNIT is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68120.
- Is WRIGHT, J.M. UNIT still producing?
- WRIGHT, J.M. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT, J.M. UNIT is August 2026.
- How much has WRIGHT, J.M. UNIT produced?
- WRIGHT, J.M. UNIT has reported 2,096,106 barrels of oil (bbl) to the Railroad Commission of Texas between September 1999 and August 2026, from 99 wellbores.
- How much is WRIGHT, J.M. UNIT worth?
- The remaining production from WRIGHT, J.M. UNIT is estimated to be worth about $9.7M in total as of 27 August 2026, within a range of $8.1M to $11.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT, J.M. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT, J.M. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT, J.M. UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT, J.M. UNIT generate in a year?
- WRIGHT, J.M. UNIT is forecast to net about $2.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRIGHT, J.M. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ard Drilling Company Inc. |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 68120 |
| Wellbores | 99 |
| Reported production | 2,096,106 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.7M |
Where WRIGHT, J.M. 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.