REDWINE-ASH "128-1 UNIT"
REDWINE-ASH "128-1 UNIT" is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 74,589 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 $321K, with roughly $62K 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 83 barrels a month. Its strongest month on the record we hold was December 2025, at 247 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 REDWINE-ASH "128-1 UNIT"
- Who operates REDWINE-ASH "128-1 UNIT"?
- REDWINE-ASH "128-1 UNIT" is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is REDWINE-ASH "128-1 UNIT"?
- REDWINE-ASH "128-1 UNIT" is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29085.
- Is REDWINE-ASH "128-1 UNIT" still producing?
- REDWINE-ASH "128-1 UNIT" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDWINE-ASH "128-1 UNIT" is August 2026.
- How much has REDWINE-ASH "128-1 UNIT" produced?
- REDWINE-ASH "128-1 UNIT" has reported 74,589 barrels of oil (bbl) to the Railroad Commission of Texas between December 2001 and August 2026, from 1 wellbore.
- How much is REDWINE-ASH "128-1 UNIT" worth?
- The remaining production from REDWINE-ASH "128-1 UNIT" is estimated to be worth about $321K in total as of 27 August 2026, within a range of $176K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDWINE-ASH "128-1 UNIT" is a fraction of it. The estimate fits an Arps decline curve to the production REDWINE-ASH "128-1 UNIT" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDWINE-ASH "128-1 UNIT" is an estimate of value, not an offer and not an appraisal.
- How much income does REDWINE-ASH "128-1 UNIT" generate in a year?
- REDWINE-ASH "128-1 UNIT" is forecast to net about $62K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REDWINE-ASH "128-1 UNIT" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Box Springs, W. (Caddo, Up.) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 29085 |
| Wellbores | 1 |
| Reported production | 74,589 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $321K |
Where REDWINE-ASH "128-1 UNIT" 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.