ASHLEY "B"
ASHLEY "B" is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Bugington Energy, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 7,086 barrels. The lease is intermittent. 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 $2K, with roughly $476 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 1 barrels a month. Its strongest month on the record we hold was January 2019, at 86 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 ASHLEY "B"
- Who operates ASHLEY "B"?
- ASHLEY "B" is operated by Bugington Energy, LLC, Railroad Commission of Texas operator number 106412.
- Where is ASHLEY "B"?
- ASHLEY "B" is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38103.
- Is ASHLEY "B" still producing?
- ASHLEY "B" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ASHLEY "B" is August 2026.
- How much has ASHLEY "B" produced?
- ASHLEY "B" has reported 7,086 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 2 wellbores.
- How much is ASHLEY "B" worth?
- The remaining production from ASHLEY "B" is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHLEY "B" is a fraction of it. The estimate fits an Arps decline curve to the production ASHLEY "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHLEY "B" is an estimate of value, not an offer and not an appraisal.
- How much income does ASHLEY "B" generate in a year?
- ASHLEY "B" is forecast to net about $476 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASHLEY "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bugington Energy, LLC |
|---|---|
| Field | Lehn-Apco (1600) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 38103 |
| Wellbores | 2 |
| Reported production | 7,086 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where ASHLEY "B" 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.