CRAVEN, P.L.
CRAVEN, P.L. is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Merit Energy Company. It has 4 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 69,257 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 $16K, with roughly $3K expected over the next twelve months.
| Operator | Merit Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 43797 |
| Wellbores | 4 |
| Reported production | 69,257 bbl |
| First reported | April 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $16K |
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.