CYPERT 48

CYPERT 48 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 72,124 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 $800K, with roughly $142K 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 155 barrels a month. Its strongest month on the record we hold was December 2022, at 1,070 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 CYPERT 48

Who operates CYPERT 48?
CYPERT 48 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
Where is CYPERT 48?
CYPERT 48 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43793.
Is CYPERT 48 still producing?
CYPERT 48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CYPERT 48 is August 2026.
How much has CYPERT 48 produced?
CYPERT 48 has reported 72,124 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
How much is CYPERT 48 worth?
The remaining production from CYPERT 48 is estimated to be worth about $800K in total as of 26 August 2026, within a range of $624K to $976K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CYPERT 48 is a fraction of it. The estimate fits an Arps decline curve to the production CYPERT 48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CYPERT 48 is an estimate of value, not an offer and not an appraisal.
How much income does CYPERT 48 generate in a year?
CYPERT 48 is forecast to net about $142K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CYPERT 48 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CYPERT 48 as filed with the Railroad Commission of Texas
OperatorCrownquest Operating, LLC
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number43793
Wellbores1
Reported production72,124 bbl
First reported
Last reported
Estimated royalty value$800K

Where CYPERT 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.