WRIGHT
WRIGHT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Trilogy Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 20,914 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 $129K, with roughly $25K 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 31 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was November 2017, at 222 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 WRIGHT
- Who operates WRIGHT?
- WRIGHT is operated by Trilogy Operating, Inc., Railroad Commission of Texas operator number 869713.
- Where is WRIGHT?
- WRIGHT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41804.
- Is WRIGHT still producing?
- WRIGHT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT is August 2026.
- How much has WRIGHT produced?
- WRIGHT has reported 20,914 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 2 wellbores.
- How much is WRIGHT worth?
- The remaining production from WRIGHT is estimated to be worth about $129K in total as of 26 August 2026, within a range of $71K to $187K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT generate in a year?
- WRIGHT is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trilogy Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41804 |
| Wellbores | 2 |
| Reported production | 20,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where 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.