ASHLEY
ASHLEY is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Custer & Wright Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 3,380 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 $726K, with roughly $164K 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 315 barrels a month. Its strongest month on the record we hold was September 2025, at 565 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates ASHLEY?
- ASHLEY is operated by Custer & Wright Operating, Inc., Railroad Commission of Texas operator number 195651.
- Where is ASHLEY?
- ASHLEY is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64041.
- Is ASHLEY still producing?
- ASHLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHLEY is August 2026.
- How much has ASHLEY produced?
- ASHLEY has reported 3,380 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is ASHLEY worth?
- The remaining production from ASHLEY is estimated to be worth about $726K in total as of 27 August 2026, within a range of $567K to $886K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHLEY is a fraction of it. The estimate fits an Arps decline curve to the production ASHLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ASHLEY is an estimate of value, not an offer and not an appraisal.
- How much income does ASHLEY generate in a year?
- ASHLEY is forecast to net about $164K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ASHLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Custer & Wright Operating, Inc. |
|---|---|
| Field | Monahans (Clear Fork) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 64041 |
| Wellbores | 1 |
| Reported production | 3,380 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $726K |
Where ASHLEY 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.