ASH 248
ASH 248 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Johnson, William D. It has 1 wellbore on file with the Commission. Reported production runs from November 2002 to August 2026, totalling 48,681 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 $198K, with roughly $38K 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 55 barrels a month. Its strongest month on the record we hold was June 2019, at 187 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 248
- Who operates ASH 248?
- ASH 248 is operated by Johnson, William D., Railroad Commission of Texas operator number 438940.
- Where is ASH 248?
- ASH 248 is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29180.
- Is ASH 248 still producing?
- ASH 248 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASH 248 is August 2026.
- How much has ASH 248 produced?
- ASH 248 has reported 48,681 barrels of oil (bbl) to the Railroad Commission of Texas between November 2002 and August 2026, from 1 wellbore.
- How much is ASH 248 worth?
- The remaining production from ASH 248 is estimated to be worth about $198K in total as of 26 August 2026, within a range of $109K to $287K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASH 248 is a fraction of it. The estimate fits an Arps decline curve to the production ASH 248 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASH 248 is an estimate of value, not an offer and not an appraisal.
- How much income does ASH 248 generate in a year?
- ASH 248 is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ASH 248 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Johnson, William D. |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 29180 |
| Wellbores | 1 |
| Reported production | 48,681 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $198K |
Where ASH 248 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.