ASHBY
ASHBY is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Morrison DRLG. & Prod. Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 61,709 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 $185K, with roughly $36K 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 44 barrels a month. Its strongest month on the record we hold was October 2017, at 336 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
- Who operates ASHBY?
- ASHBY is operated by Morrison DRLG. & Prod. Co., Inc., Railroad Commission of Texas operator number 588660.
- Where is ASHBY?
- ASHBY is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23809.
- Is ASHBY still producing?
- ASHBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHBY is August 2026.
- How much has ASHBY produced?
- ASHBY has reported 61,709 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ASHBY worth?
- The remaining production from ASHBY is estimated to be worth about $185K in total as of 27 August 2026, within a range of $102K to $268K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHBY is a fraction of it. The estimate fits an Arps decline curve to the production ASHBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHBY is an estimate of value, not an offer and not an appraisal.
- How much income does ASHBY generate in a year?
- ASHBY is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ASHBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Morrison DRLG. & Prod. Co., Inc. |
|---|---|
| Field | Frederickson (Goen Lime) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 23809 |
| Wellbores | 1 |
| Reported production | 61,709 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where ASHBY 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.