EDWARDS 8
EDWARDS 8 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 70,983 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 $935K, with roughly $219K 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 236 barrels a month. Its strongest month on the record we hold was January 2019, at 920 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 EDWARDS 8
- Who operates EDWARDS 8?
- EDWARDS 8 is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is EDWARDS 8?
- EDWARDS 8 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47038.
- Is EDWARDS 8 still producing?
- EDWARDS 8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS 8 is August 2026.
- How much has EDWARDS 8 produced?
- EDWARDS 8 has reported 70,983 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is EDWARDS 8 worth?
- The remaining production from EDWARDS 8 is estimated to be worth about $935K in total as of 26 August 2026, within a range of $729K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS 8 is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS 8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS 8 is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS 8 generate in a year?
- EDWARDS 8 is forecast to net about $219K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS 8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area Strawn) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 47038 |
| Wellbores | 1 |
| Reported production | 70,983 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $935K |
Where EDWARDS 8 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.