CR STATE 28
CR STATE 28 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, Llc. It has 7 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 187,456 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $41K, with roughly $9K expected over the next twelve months.
| Operator | Crownquest Operating, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 42394 |
| Wellbores | 7 |
| Reported production | 187,456 bbl |
| First reported | October 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $41K |
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.