EDWARDS 27
EDWARDS 27 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Williams Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 35,151 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 $459K, with roughly $78K 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 78 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was August 2016, at 175 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 EDWARDS 27
- Who operates EDWARDS 27?
- EDWARDS 27 is operated by Williams Oil Company, Railroad Commission of Texas operator number 925440.
- Where is EDWARDS 27?
- EDWARDS 27 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38689.
- Is EDWARDS 27 still producing?
- EDWARDS 27 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS 27 is August 2026.
- How much has EDWARDS 27 produced?
- EDWARDS 27 has reported 35,151 barrels of oil (bbl) to the Railroad Commission of Texas between March 2008 and August 2026, from 2 wellbores.
- How much is EDWARDS 27 worth?
- The remaining production from EDWARDS 27 is estimated to be worth about $459K in total as of 26 August 2026, within a range of $252K to $665K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS 27 is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS 27 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS 27 is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS 27 generate in a year?
- EDWARDS 27 is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS 27 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams Oil Company |
|---|---|
| Field | Crawar (Devonian, North) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 38689 |
| Wellbores | 2 |
| Reported production | 35,151 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $459K |
Where EDWARDS 27 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.