GRATIS 32

GRATIS 32 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, Llc. It has 3 wellbores on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 929,920 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 $126K, with roughly $37K expected over the next twelve months.

OperatorCrownquest Operating, Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number47481
Wellbores3
Reported production929,920 bbl
First reportedDecember 2015
Last reportedAugust 2026
Estimated royalty value$126K

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.