SMITH, ASHBEL-SUN

SMITH, ASHBEL-SUN is a Texas oil lease in Harris County, Railroad Commission district 03, operated by BHP Petroleum (Americas) Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 153,093 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 $861K, with roughly $166K 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 207 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was May 2018, at 494 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 SMITH, ASHBEL-SUN

Who operates SMITH, ASHBEL-SUN?
SMITH, ASHBEL-SUN is operated by BHP Petroleum (Americas) Inc., Railroad Commission of Texas operator number 068610.
Where is SMITH, ASHBEL-SUN?
SMITH, ASHBEL-SUN is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 01810.
Is SMITH, ASHBEL-SUN still producing?
SMITH, ASHBEL-SUN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, ASHBEL-SUN is August 2026.
How much has SMITH, ASHBEL-SUN produced?
SMITH, ASHBEL-SUN has reported 153,093 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
How much is SMITH, ASHBEL-SUN worth?
The remaining production from SMITH, ASHBEL-SUN is estimated to be worth about $861K in total as of 27 August 2026, within a range of $671K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, ASHBEL-SUN is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, ASHBEL-SUN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, ASHBEL-SUN is an estimate of value, not an offer and not an appraisal.
How much income does SMITH, ASHBEL-SUN generate in a year?
SMITH, ASHBEL-SUN is forecast to net about $166K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH, ASHBEL-SUN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SMITH, ASHBEL-SUN as filed with the Railroad Commission of Texas
OperatorBHP Petroleum (Americas) Inc.
FieldGoose Creek
CountyHarris County, Texas
RRC district03
Lease number01810
Wellbores7
Reported production153,093 bbl
First reported
Last reported
Estimated royalty value$861K

Where SMITH, ASHBEL-SUN 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.