CRANE 11
CRANE 11 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Concho Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2000 to August 2026, totalling 44,001 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 $221K, with roughly $42K 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 59 barrels a month. Its strongest month on the record we hold was October 2017, at 179 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 11
- Who operates CRANE 11?
- CRANE 11 is operated by Concho Resources Inc., Railroad Commission of Texas operator number 170181.
- Where is CRANE 11?
- CRANE 11 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36421.
- Is CRANE 11 still producing?
- CRANE 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRANE 11 is August 2026.
- How much has CRANE 11 produced?
- CRANE 11 has reported 44,001 barrels of oil (bbl) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is CRANE 11 worth?
- The remaining production from CRANE 11 is estimated to be worth about $221K in total as of 27 August 2026, within a range of $121K to $320K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRANE 11 is a fraction of it. The estimate fits an Arps decline curve to the production CRANE 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRANE 11 is an estimate of value, not an offer and not an appraisal.
- How much income does CRANE 11 generate in a year?
- CRANE 11 is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRANE 11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Concho Resources Inc. |
|---|---|
| Field | Buffalo Ridge (Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 36421 |
| Wellbores | 1 |
| Reported production | 44,001 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $221K |
Where CRANE 11 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.