WARD 22B
WARD 22B is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Athlon Fe Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 38,986 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 $389K, with roughly $70K 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 89 barrels a month. Its strongest month on the record we hold was February 2019, at 414 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 WARD 22B
- Who operates WARD 22B?
- WARD 22B is operated by Athlon Fe Operating LLC, Railroad Commission of Texas operator number 036048.
- Where is WARD 22B?
- WARD 22B is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42807.
- Is WARD 22B still producing?
- WARD 22B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARD 22B is August 2026.
- How much has WARD 22B produced?
- WARD 22B has reported 38,986 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 1 wellbore.
- How much is WARD 22B worth?
- The remaining production from WARD 22B is estimated to be worth about $389K in total as of 27 August 2026, within a range of $214K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARD 22B is a fraction of it. The estimate fits an Arps decline curve to the production WARD 22B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARD 22B is an estimate of value, not an offer and not an appraisal.
- How much income does WARD 22B generate in a year?
- WARD 22B is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WARD 22B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Athlon Fe Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42807 |
| Wellbores | 1 |
| Reported production | 38,986 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $389K |
Where WARD 22B 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.