SWR STIDHAM 29
SWR STIDHAM 29 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 November 2019 to August 2026, totalling 72,337 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 $1.3M, with roughly $229K 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 250 barrels a month, about 125 per wellbore. Its strongest month on the record we hold was March 2022, at 2,920 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 SWR STIDHAM 29
- Who operates SWR STIDHAM 29?
- SWR STIDHAM 29 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is SWR STIDHAM 29?
- SWR STIDHAM 29 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53481.
- Is SWR STIDHAM 29 still producing?
- SWR STIDHAM 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SWR STIDHAM 29 is August 2026.
- How much has SWR STIDHAM 29 produced?
- SWR STIDHAM 29 has reported 72,337 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 2 wellbores.
- How much is SWR STIDHAM 29 worth?
- The remaining production from SWR STIDHAM 29 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SWR STIDHAM 29 is a fraction of it. The estimate fits an Arps decline curve to the production SWR STIDHAM 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SWR STIDHAM 29 is an estimate of value, not an offer and not an appraisal.
- How much income does SWR STIDHAM 29 generate in a year?
- SWR STIDHAM 29 is forecast to net about $229K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SWR STIDHAM 29 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 | 53481 |
| Wellbores | 2 |
| Reported production | 72,337 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SWR STIDHAM 29 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.