CRANE 'K' FEE
CRANE 'K' FEE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 64,605 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 $864K, with roughly $166K 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 243 barrels a month, about 121 per wellbore. Its strongest month on the record we hold was November 2021, at 562 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 CRANE 'K' FEE
- Who operates CRANE 'K' FEE?
- CRANE 'K' FEE is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is CRANE 'K' FEE?
- CRANE 'K' FEE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34506.
- Is CRANE 'K' FEE still producing?
- CRANE 'K' FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRANE 'K' FEE is August 2026.
- How much has CRANE 'K' FEE produced?
- CRANE 'K' FEE has reported 64,605 barrels of oil (bbl) to the Railroad Commission of Texas between May 1995 and August 2026, from 2 wellbores.
- How much is CRANE 'K' FEE worth?
- The remaining production from CRANE 'K' FEE is estimated to be worth about $864K in total as of 26 August 2026, within a range of $674K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRANE 'K' FEE is a fraction of it. The estimate fits an Arps decline curve to the production CRANE 'K' 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 'K' FEE is an estimate of value, not an offer and not an appraisal.
- How much income does CRANE 'K' FEE generate in a year?
- CRANE 'K' FEE is forecast to net about $166K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRANE 'K' FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Concho Bluff, North (Queen) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 34506 |
| Wellbores | 2 |
| Reported production | 64,605 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $864K |
Where CRANE 'K' 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.