SNODGRASS, E.N. 18
SNODGRASS, E.N. 18 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 5 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 218,484 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 $485K, with roughly $93K 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 117 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was April 2017, at 1,038 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 SNODGRASS, E.N. 18
- Who operates SNODGRASS, E.N. 18?
- SNODGRASS, E.N. 18 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is SNODGRASS, E.N. 18?
- SNODGRASS, E.N. 18 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40106.
- Is SNODGRASS, E.N. 18 still producing?
- SNODGRASS, E.N. 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNODGRASS, E.N. 18 is August 2026.
- How much has SNODGRASS, E.N. 18 produced?
- SNODGRASS, E.N. 18 has reported 218,484 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 5 wellbores.
- How much is SNODGRASS, E.N. 18 worth?
- The remaining production from SNODGRASS, E.N. 18 is estimated to be worth about $485K in total as of 26 August 2026, within a range of $378K to $591K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNODGRASS, E.N. 18 is a fraction of it. The estimate fits an Arps decline curve to the production SNODGRASS, E.N. 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNODGRASS, E.N. 18 is an estimate of value, not an offer and not an appraisal.
- How much income does SNODGRASS, E.N. 18 generate in a year?
- SNODGRASS, E.N. 18 is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNODGRASS, E.N. 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Edwards -04- (Wolfcamp) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 40106 |
| Wellbores | 5 |
| Reported production | 218,484 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $485K |
Where SNODGRASS, E.N. 18 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.