ACTINIDE LM
ACTINIDE LM is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 235,372 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 $6.1M, with roughly $2.4M 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 4,541 barrels a month. Its strongest month on the record we hold was December 2023, at 16,789 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 ACTINIDE LM
- Who operates ACTINIDE LM?
- ACTINIDE LM is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ACTINIDE LM?
- ACTINIDE LM is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60958.
- Is ACTINIDE LM still producing?
- ACTINIDE LM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ACTINIDE LM is August 2026.
- How much has ACTINIDE LM produced?
- ACTINIDE LM has reported 235,372 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is ACTINIDE LM worth?
- The remaining production from ACTINIDE LM is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.0M to $7.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ACTINIDE LM is a fraction of it. The estimate fits an Arps decline curve to the production ACTINIDE LM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ACTINIDE LM is an estimate of value, not an offer and not an appraisal.
- How much income does ACTINIDE LM generate in a year?
- ACTINIDE LM is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ACTINIDE LM 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 | 60958 |
| Wellbores | 1 |
| Reported production | 235,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where ACTINIDE LM 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.