CRAWFORD, C. E.

CRAWFORD, C. E. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 65,234 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 $871K, with roughly $168K 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 222 barrels a month, about 111 per wellbore. Its strongest month on the record we hold was October 2020, at 456 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 CRAWFORD, C. E.

Who operates CRAWFORD, C. E.?
CRAWFORD, C. E. is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
Where is CRAWFORD, C. E.?
CRAWFORD, C. E. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30926.
Is CRAWFORD, C. E. still producing?
CRAWFORD, C. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAWFORD, C. E. is August 2026.
How much has CRAWFORD, C. E. produced?
CRAWFORD, C. E. has reported 65,234 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 2 wellbores.
How much is CRAWFORD, C. E. worth?
The remaining production from CRAWFORD, C. E. is estimated to be worth about $871K in total as of 26 August 2026, within a range of $680K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAWFORD, C. E. is a fraction of it. The estimate fits an Arps decline curve to the production CRAWFORD, C. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAWFORD, C. E. is an estimate of value, not an offer and not an appraisal.
How much income does CRAWFORD, C. E. generate in a year?
CRAWFORD, C. E. is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAWFORD, C. E. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CRAWFORD, C. E. as filed with the Railroad Commission of Texas
OperatorRichey, Ray Management Co., Inc.
FieldRisch, East (Caddo Congl.)
CountyWise County, Texas
RRC district09
Lease number30926
Wellbores2
Reported production65,234 bbl
First reported
Last reported
Estimated royalty value$871K

Where CRAWFORD, C. E. 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.