NORTH-WRIGHT
NORTH-WRIGHT is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Layton Enterprises, Inc. It has 77 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 992,486 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 $277K, with roughly $144K 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 303 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2024, at 750 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 NORTH-WRIGHT
- Who operates NORTH-WRIGHT?
- NORTH-WRIGHT is operated by Layton Enterprises, Inc., Railroad Commission of Texas operator number 491400.
- Where is NORTH-WRIGHT?
- NORTH-WRIGHT is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03894.
- Is NORTH-WRIGHT still producing?
- NORTH-WRIGHT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH-WRIGHT is August 2026.
- How much has NORTH-WRIGHT produced?
- NORTH-WRIGHT has reported 992,486 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 77 wellbores.
- How much is NORTH-WRIGHT worth?
- The remaining production from NORTH-WRIGHT is estimated to be worth about $277K in total as of 26 August 2026, within a range of $216K to $338K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH-WRIGHT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH-WRIGHT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH-WRIGHT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH-WRIGHT generate in a year?
- NORTH-WRIGHT is forecast to net about $144K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTH-WRIGHT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Layton Enterprises, Inc. |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 03894 |
| Wellbores | 77 |
| Reported production | 992,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $277K |
Where NORTH-WRIGHT 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.