WR CEDAR ELM UNIT
WR CEDAR ELM UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 325,330 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 $864K, with roughly $138K 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 520 barrels a month. Its strongest month on the record we hold was April 2017, at 20,592 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CEDAR ELM UNIT
- Who operates WR CEDAR ELM UNIT?
- WR CEDAR ELM UNIT is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is WR CEDAR ELM UNIT?
- WR CEDAR ELM UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48636.
- Is WR CEDAR ELM UNIT still producing?
- WR CEDAR ELM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WR CEDAR ELM UNIT is August 2026.
- How much has WR CEDAR ELM UNIT produced?
- WR CEDAR ELM UNIT has reported 325,330 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 1 wellbore.
- How much is WR CEDAR ELM UNIT worth?
- The remaining production from WR CEDAR ELM UNIT is estimated to be worth about $864K in total as of 26 August 2026, within a range of $674K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WR CEDAR ELM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WR CEDAR ELM 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 CEDAR ELM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WR CEDAR ELM UNIT generate in a year?
- WR CEDAR ELM UNIT is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WR CEDAR ELM 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 | 48636 |
| Wellbores | 1 |
| Reported production | 325,330 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $864K |
Where WR CEDAR ELM 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.