ALKALINE EARTH I
ALKALINE EARTH I is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 540,806 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 $3.2M, with roughly $1.5M 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 2,421 barrels a month, about 1,210 per wellbore. Its strongest month on the record we hold was December 2021, at 49,274 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 ALKALINE EARTH I
- Who operates ALKALINE EARTH I?
- ALKALINE EARTH I is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ALKALINE EARTH I?
- ALKALINE EARTH I is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56856.
- Is ALKALINE EARTH I still producing?
- ALKALINE EARTH I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALKALINE EARTH I is August 2026.
- How much has ALKALINE EARTH I produced?
- ALKALINE EARTH I has reported 540,806 barrels of oil (bbl) to the Railroad Commission of Texas between November 2021 and August 2026, from 2 wellbores.
- How much is ALKALINE EARTH I worth?
- The remaining production from ALKALINE EARTH I is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.7M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALKALINE EARTH I is a fraction of it. The estimate fits an Arps decline curve to the production ALKALINE EARTH I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALKALINE EARTH I is an estimate of value, not an offer and not an appraisal.
- How much income does ALKALINE EARTH I generate in a year?
- ALKALINE EARTH I is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALKALINE EARTH I 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 56856 |
| Wellbores | 2 |
| Reported production | 540,806 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where ALKALINE EARTH I 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.