WR CHINKAPIN OAK UNIT
WR CHINKAPIN OAK UNIT 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 March 2017 to August 2026, totalling 534,218 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 $3.9M, with roughly $1.1M 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 1,291 barrels a month, about 645 per wellbore. Its strongest month on the record we hold was April 2017, at 23,858 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 WR CHINKAPIN OAK UNIT
- Who operates WR CHINKAPIN OAK UNIT?
- WR CHINKAPIN OAK UNIT is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is WR CHINKAPIN OAK UNIT?
- WR CHINKAPIN OAK UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48546.
- Is WR CHINKAPIN OAK UNIT still producing?
- WR CHINKAPIN OAK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WR CHINKAPIN OAK UNIT is August 2026.
- How much has WR CHINKAPIN OAK UNIT produced?
- WR CHINKAPIN OAK UNIT has reported 534,218 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 2 wellbores.
- How much is WR CHINKAPIN OAK UNIT worth?
- The remaining production from WR CHINKAPIN OAK UNIT is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WR CHINKAPIN OAK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WR CHINKAPIN OAK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WR CHINKAPIN OAK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WR CHINKAPIN OAK UNIT generate in a year?
- WR CHINKAPIN OAK UNIT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WR CHINKAPIN OAK UNIT 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 | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48546 |
| Wellbores | 2 |
| Reported production | 534,218 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where WR CHINKAPIN OAK UNIT 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.