GLASS "32-H"
GLASS "32-H" is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Costilla Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 11,586 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 $50K, with roughly $10K 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 13 barrels a month. Its strongest month on the record we hold was February 2018, at 42 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 GLASS "32-H"
- Who operates GLASS "32-H"?
- GLASS "32-H" is operated by Costilla Petroleum Corporation, Railroad Commission of Texas operator number 180545.
- Where is GLASS "32-H"?
- GLASS "32-H" is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34915.
- Is GLASS "32-H" still producing?
- GLASS "32-H" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS "32-H" is August 2026.
- How much has GLASS "32-H" produced?
- GLASS "32-H" has reported 11,586 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is GLASS "32-H" worth?
- The remaining production from GLASS "32-H" is estimated to be worth about $50K in total as of 26 August 2026, within a range of $28K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS "32-H" is a fraction of it. The estimate fits an Arps decline curve to the production GLASS "32-H" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS "32-H" is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS "32-H" generate in a year?
- GLASS "32-H" is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLASS "32-H" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Costilla Petroleum Corporation |
|---|---|
| Field | Concho Bluff, North (Queen) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 34915 |
| Wellbores | 1 |
| Reported production | 11,586 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where GLASS "32-H" 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.