WRS WHEATGRASS 2124
WRS WHEATGRASS 2124 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 October 2018 to August 2026, totalling 615,596 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 $2.0M, with roughly $783K 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 1,026 barrels a month. Its strongest month on the record we hold was January 2019, at 33,751 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 WRS WHEATGRASS 2124
- Who operates WRS WHEATGRASS 2124?
- WRS WHEATGRASS 2124 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is WRS WHEATGRASS 2124?
- WRS WHEATGRASS 2124 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51502.
- Is WRS WHEATGRASS 2124 still producing?
- WRS WHEATGRASS 2124 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRS WHEATGRASS 2124 is August 2026.
- How much has WRS WHEATGRASS 2124 produced?
- WRS WHEATGRASS 2124 has reported 615,596 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is WRS WHEATGRASS 2124 worth?
- The remaining production from WRS WHEATGRASS 2124 is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRS WHEATGRASS 2124 is a fraction of it. The estimate fits an Arps decline curve to the production WRS WHEATGRASS 2124 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRS WHEATGRASS 2124 is an estimate of value, not an offer and not an appraisal.
- How much income does WRS WHEATGRASS 2124 generate in a year?
- WRS WHEATGRASS 2124 is forecast to net about $783K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRS WHEATGRASS 2124 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 | 51502 |
| Wellbores | 1 |
| Reported production | 615,596 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where WRS WHEATGRASS 2124 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.