ASHTON
ASHTON is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Cross Timbers Operating Company. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 352,671 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 $282K, with roughly $132K 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 264 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was June 2017, at 1,203 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 ASHTON
- Who operates ASHTON?
- ASHTON is operated by Cross Timbers Operating Company, Railroad Commission of Texas operator number 190468.
- Where is ASHTON?
- ASHTON is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 15018.
- Is ASHTON still producing?
- ASHTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHTON is August 2026.
- How much has ASHTON produced?
- ASHTON has reported 352,671 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is ASHTON worth?
- The remaining production from ASHTON is estimated to be worth about $282K in total as of 26 August 2026, within a range of $220K to $344K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHTON is a fraction of it. The estimate fits an Arps decline curve to the production ASHTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHTON is an estimate of value, not an offer and not an appraisal.
- How much income does ASHTON generate in a year?
- ASHTON is forecast to net about $132K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASHTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 15018 |
| Wellbores | 20 |
| Reported production | 352,671 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $282K |
Where ASHTON 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.