RED CREST
RED CREST is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, Llc. It has 4 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 710,151 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 $118K, with roughly $26K expected over the next twelve months.
| Operator | Centennial Resource Prod, Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46607 |
| Wellbores | 4 |
| Reported production | 710,151 bbl |
| First reported | August 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $118K |
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.