SOFTVEST 1

SOFTVEST 1 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, Llc. It has 2 wellbores on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 64,788 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 $20K, with roughly $3K expected over the next twelve months.

OperatorCrownquest Operating, Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number47208
Wellbores2
Reported production64,788 bbl
First reportedSeptember 2015
Last reportedAugust 2026
Estimated royalty value$20K

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.