CREWS ESTATE
CREWS ESTATE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Capstone Natural Resources, LLC. It has 7 wellbores on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 141,231 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 $558K, with roughly $206K 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 345 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was July 2016, at 1,417 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 CREWS ESTATE
- Who operates CREWS ESTATE?
- CREWS ESTATE is operated by Capstone Natural Resources, LLC, Railroad Commission of Texas operator number 130539.
- Where is CREWS ESTATE?
- CREWS ESTATE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44232.
- Is CREWS ESTATE still producing?
- CREWS ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CREWS ESTATE is August 2026.
- How much has CREWS ESTATE produced?
- CREWS ESTATE has reported 141,231 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 7 wellbores.
- How much is CREWS ESTATE worth?
- The remaining production from CREWS ESTATE is estimated to be worth about $558K in total as of 27 August 2026, within a range of $435K to $680K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CREWS ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CREWS ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CREWS ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CREWS ESTATE generate in a year?
- CREWS ESTATE is forecast to net about $206K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CREWS ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Capstone Natural Resources, LLC |
|---|---|
| Field | Shafter Lake, N. (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 44232 |
| Wellbores | 7 |
| Reported production | 141,231 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $558K |
Where CREWS ESTATE 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.