CRANE -B- FEE
CRANE -B- FEE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Maralo, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 28,328 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 $215K, with roughly $41K 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 56 barrels a month. Its strongest month on the record we hold was July 2023, at 120 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 CRANE -B- FEE
- Who operates CRANE -B- FEE?
- CRANE -B- FEE is operated by Maralo, Inc., Railroad Commission of Texas operator number 525320.
- Where is CRANE -B- FEE?
- CRANE -B- FEE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34179.
- Is CRANE -B- FEE still producing?
- CRANE -B- FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRANE -B- FEE is August 2026.
- How much has CRANE -B- FEE produced?
- CRANE -B- FEE has reported 28,328 barrels of oil (bbl) to the Railroad Commission of Texas between May 1994 and August 2026, from 1 wellbore.
- How much is CRANE -B- FEE worth?
- The remaining production from CRANE -B- FEE is estimated to be worth about $215K in total as of 27 August 2026, within a range of $118K to $312K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRANE -B- FEE is a fraction of it. The estimate fits an Arps decline curve to the production CRANE -B- FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRANE -B- FEE is an estimate of value, not an offer and not an appraisal.
- How much income does CRANE -B- FEE generate in a year?
- CRANE -B- FEE is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRANE -B- FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maralo, Inc. |
|---|---|
| Field | Edwards -04- (Bend, S.) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 34179 |
| Wellbores | 1 |
| Reported production | 28,328 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where CRANE -B- FEE 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.