E.W. CRAIG
E.W. CRAIG is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Hilcorp Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2025 to August 2026, totalling 34,280 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 $8.4M, with roughly $2.2M 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 3,486 barrels a month. Its strongest month on the record we hold was September 2025, at 6,519 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 E.W. CRAIG
- Who operates E.W. CRAIG?
- E.W. CRAIG is operated by Hilcorp Energy Company, Railroad Commission of Texas operator number 386310.
- Where is E.W. CRAIG?
- E.W. CRAIG is a Texas oil lease in Galveston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28284.
- Is E.W. CRAIG still producing?
- E.W. CRAIG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for E.W. CRAIG is August 2026.
- How much has E.W. CRAIG produced?
- E.W. CRAIG has reported 34,280 barrels of oil (bbl) to the Railroad Commission of Texas between August 2025 and August 2026, from 1 wellbore.
- How much is E.W. CRAIG worth?
- The remaining production from E.W. CRAIG is estimated to be worth about $8.4M in total as of 26 August 2026, within a range of $7.0M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in E.W. CRAIG is a fraction of it. The estimate fits an Arps decline curve to the production E.W. CRAIG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for E.W. CRAIG is an estimate of value, not an offer and not an appraisal.
- How much income does E.W. CRAIG generate in a year?
- E.W. CRAIG is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in E.W. CRAIG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hilcorp Energy Company |
|---|---|
| Field | Sarah White (Frio 9225) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 28284 |
| Wellbores | 1 |
| Reported production | 34,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.4M |
Where E.W. CRAIG 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.