EDWARDS
EDWARDS is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Williams Oil Company. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 364,723 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 $995K, with roughly $178K 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 234 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was August 2016, at 1,419 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 EDWARDS
- Who operates EDWARDS?
- EDWARDS is operated by Williams Oil Company, Railroad Commission of Texas operator number 925440.
- Where is EDWARDS?
- EDWARDS is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 12657.
- Is EDWARDS still producing?
- EDWARDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS is August 2026.
- How much has EDWARDS produced?
- EDWARDS has reported 364,723 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is EDWARDS worth?
- The remaining production from EDWARDS is estimated to be worth about $995K in total as of 26 August 2026, within a range of $776K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS generate in a year?
- EDWARDS is forecast to net about $178K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS 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 | 12657 |
| Wellbores | 7 |
| Reported production | 364,723 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $995K |
Where EDWARDS 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.