ASHE, JOHN B. FEE
ASHE, JOHN B. FEE is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Newton, W. F. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,193 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 $359K, with roughly $69K 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 100 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was June 2020, at 149 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 ASHE, JOHN B. FEE
- Who operates ASHE, JOHN B. FEE?
- ASHE, JOHN B. FEE is operated by Newton, W. F., Railroad Commission of Texas operator number 609280.
- Where is ASHE, JOHN B. FEE?
- ASHE, JOHN B. FEE is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 03863.
- Is ASHE, JOHN B. FEE still producing?
- ASHE, JOHN B. FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHE, JOHN B. FEE is August 2026.
- How much has ASHE, JOHN B. FEE produced?
- ASHE, JOHN B. FEE has reported 48,193 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is ASHE, JOHN B. FEE worth?
- The remaining production from ASHE, JOHN B. FEE is estimated to be worth about $359K in total as of 27 August 2026, within a range of $197K to $520K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHE, JOHN B. FEE is a fraction of it. The estimate fits an Arps decline curve to the production ASHE, JOHN B. FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHE, JOHN B. FEE is an estimate of value, not an offer and not an appraisal.
- How much income does ASHE, JOHN B. FEE generate in a year?
- ASHE, JOHN B. FEE is forecast to net about $69K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ASHE, JOHN B. FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newton, W. F. |
|---|---|
| Field | Sour Lake |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 03863 |
| Wellbores | 3 |
| Reported production | 48,193 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
Where ASHE, JOHN B. FEE 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.