PERRY "48"
PERRY "48" is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 47,412 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 $585K, with roughly $105K 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 126 barrels a month. Its strongest month on the record we hold was May 2023, at 567 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 PERRY "48"
- Who operates PERRY "48"?
- PERRY "48" is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is PERRY "48"?
- PERRY "48" is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39535.
- Is PERRY "48" still producing?
- PERRY "48" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERRY "48" is August 2026.
- How much has PERRY "48" produced?
- PERRY "48" has reported 47,412 barrels of oil (bbl) to the Railroad Commission of Texas between May 2009 and August 2026, from 1 wellbore.
- How much is PERRY "48" worth?
- The remaining production from PERRY "48" is estimated to be worth about $585K in total as of 27 August 2026, within a range of $457K to $714K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERRY "48" is a fraction of it. The estimate fits an Arps decline curve to the production PERRY "48" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERRY "48" is an estimate of value, not an offer and not an appraisal.
- How much income does PERRY "48" generate in a year?
- PERRY "48" is forecast to net about $105K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERRY "48" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 39535 |
| Wellbores | 1 |
| Reported production | 47,412 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $585K |
Where PERRY "48" 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.