ASH
ASH is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Campana Petroleum Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,353 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 $87K, with roughly $15K 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 16 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2019, at 182 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 ASH
- Who operates ASH?
- ASH is operated by Campana Petroleum Company, Railroad Commission of Texas operator number 127700.
- Where is ASH?
- ASH is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 15618.
- Is ASH still producing?
- ASH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASH is August 2026.
- How much has ASH produced?
- ASH has reported 15,353 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is ASH worth?
- The remaining production from ASH is estimated to be worth about $87K in total as of 26 August 2026, within a range of $48K to $126K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASH is a fraction of it. The estimate fits an Arps decline curve to the production ASH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASH is an estimate of value, not an offer and not an appraisal.
- How much income does ASH generate in a year?
- ASH is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Campana Petroleum Company |
|---|---|
| Field | JMM (Canyon) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 15618 |
| Wellbores | 6 |
| Reported production | 15,353 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $87K |
Where ASH 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.