NORTH CROSS /DEV./ UNIT
NORTH CROSS /DEV./ UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Shell Western E&P Inc. It has 57 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,519,713 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 $90.8M, with roughly $19.5M 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 19,042 barrels a month, about 334 per wellbore. Its strongest month on the record we hold was July 2016, at 31,744 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NORTH CROSS /DEV./ UNIT
- Who operates NORTH CROSS /DEV./ UNIT?
- NORTH CROSS /DEV./ UNIT is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is NORTH CROSS /DEV./ UNIT?
- NORTH CROSS /DEV./ UNIT is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 18696.
- Is NORTH CROSS /DEV./ UNIT still producing?
- NORTH CROSS /DEV./ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH CROSS /DEV./ UNIT is August 2026.
- How much has NORTH CROSS /DEV./ UNIT produced?
- NORTH CROSS /DEV./ UNIT has reported 12,519,713 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 57 wellbores.
- How much is NORTH CROSS /DEV./ UNIT worth?
- The remaining production from NORTH CROSS /DEV./ UNIT is estimated to be worth about $90.8M in total as of 26 August 2026, within a range of $74.4M to $107.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH CROSS /DEV./ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH CROSS /DEV./ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH CROSS /DEV./ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH CROSS /DEV./ UNIT generate in a year?
- NORTH CROSS /DEV./ UNIT is forecast to net about $19.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTH CROSS /DEV./ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Crossett (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 18696 |
| Wellbores | 57 |
| Reported production | 12,519,713 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $90.8M |
Where NORTH CROSS /DEV./ UNIT 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.