EASH, RICHARD L.
EASH, RICHARD L. is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Argon Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,033 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 $50K, with roughly $10K 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 13 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was August 2019, at 146 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 EASH, RICHARD L.
- Who operates EASH, RICHARD L.?
- EASH, RICHARD L. is operated by Argon Resources, Inc., Railroad Commission of Texas operator number 029865.
- Where is EASH, RICHARD L.?
- EASH, RICHARD L. is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 07664.
- Is EASH, RICHARD L. still producing?
- EASH, RICHARD L. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for EASH, RICHARD L. is August 2026.
- How much has EASH, RICHARD L. produced?
- EASH, RICHARD L. has reported 26,033 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is EASH, RICHARD L. worth?
- The remaining production from EASH, RICHARD L. is estimated to be worth about $50K in total as of 26 August 2026, within a range of $28K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EASH, RICHARD L. is a fraction of it. The estimate fits an Arps decline curve to the production EASH, RICHARD L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EASH, RICHARD L. is an estimate of value, not an offer and not an appraisal.
- How much income does EASH, RICHARD L. generate in a year?
- EASH, RICHARD L. is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EASH, RICHARD L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Argon Resources, Inc. |
|---|---|
| Field | Somerset |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 07664 |
| Wellbores | 5 |
| Reported production | 26,033 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where EASH, RICHARD 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.