J. R. OLIVER UNIT

J. R. OLIVER UNIT is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Crawford Energy, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 62,885 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 $170K, with roughly $32K 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 40 barrels a month. Its strongest month on the record we hold was September 2016, at 173 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 J. R. OLIVER UNIT

Who operates J. R. OLIVER UNIT?: J. R. OLIVER UNIT is operated by Crawford Energy, Incorporated, Railroad Commission of Texas operator number 186746.
Where is J. R. OLIVER UNIT?: J. R. OLIVER UNIT is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03730.
Is J. R. OLIVER UNIT still producing?: J. R. OLIVER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. R. OLIVER UNIT is August 2026.
How much has J. R. OLIVER UNIT produced?: J. R. OLIVER UNIT has reported 62,885 barrels of oil (bbl) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
How much is J. R. OLIVER UNIT worth?: The remaining production from J. R. OLIVER UNIT is estimated to be worth about $170K in total as of 27 August 2026, within a range of $94K to $247K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. R. OLIVER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production J. R. OLIVER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. R. OLIVER UNIT is an estimate of value, not an offer and not an appraisal.
How much income does J. R. OLIVER UNIT generate in a year?: J. R. OLIVER UNIT is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in J. R. OLIVER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

J. R. OLIVER UNIT as filed with the Railroad Commission of Texas
Operator	Crawford Energy, Incorporated
Field	Van (Rodessa)
County	Van Zandt County, Texas
RRC district	05
Lease number	03730
Wellbores	1
Reported production	62,885 bbl
First reported	February 2001
Last reported	August 2026
Estimated royalty value	$170K

Where J. R. OLIVER UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.