LAGNIAPPE 16
LAGNIAPPE 16 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 290,222 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 $4.2M, with roughly $911K 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 1,225 barrels a month, about 306 per wellbore. Its strongest month on the record we hold was May 2016, at 2,794 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LAGNIAPPE 16
- Who operates LAGNIAPPE 16?
- LAGNIAPPE 16 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is LAGNIAPPE 16?
- LAGNIAPPE 16 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45070.
- Is LAGNIAPPE 16 still producing?
- LAGNIAPPE 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAGNIAPPE 16 is August 2026.
- How much has LAGNIAPPE 16 produced?
- LAGNIAPPE 16 has reported 290,222 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 4 wellbores.
- How much is LAGNIAPPE 16 worth?
- The remaining production from LAGNIAPPE 16 is estimated to be worth about $4.2M in total as of 27 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAGNIAPPE 16 is a fraction of it. The estimate fits an Arps decline curve to the production LAGNIAPPE 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAGNIAPPE 16 is an estimate of value, not an offer and not an appraisal.
- How much income does LAGNIAPPE 16 generate in a year?
- LAGNIAPPE 16 is forecast to net about $911K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAGNIAPPE 16 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45070 |
| Wellbores | 4 |
| Reported production | 290,222 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where LAGNIAPPE 16 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.