ASHBY ESTATE
ASHBY ESTATE is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Weeks Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,664 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 $138K, with roughly $27K 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 34 barrels a month. Its strongest month on the record we hold was October 2018, at 91 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 ASHBY ESTATE
- Who operates ASHBY ESTATE?
- ASHBY ESTATE is operated by Weeks Exploration Company, Railroad Commission of Texas operator number 905014.
- Where is ASHBY ESTATE?
- ASHBY ESTATE is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13111.
- Is ASHBY ESTATE still producing?
- ASHBY ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHBY ESTATE is August 2026.
- How much has ASHBY ESTATE produced?
- ASHBY ESTATE has reported 48,664 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ASHBY ESTATE worth?
- The remaining production from ASHBY ESTATE is estimated to be worth about $138K in total as of 26 August 2026, within a range of $76K to $201K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHBY ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production ASHBY ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHBY ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does ASHBY ESTATE generate in a year?
- ASHBY ESTATE is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASHBY ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Weeks Exploration Company |
|---|---|
| Field | Tyler, East (7100 Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 13111 |
| Wellbores | 1 |
| Reported production | 48,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where ASHBY ESTATE 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.