THOROUGHBRED 11
THOROUGHBRED 11 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 192,410 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 $1.8M, with roughly $399K 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 638 barrels a month. Its strongest month on the record we hold was May 2016, at 6,794 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 THOROUGHBRED 11
- Who operates THOROUGHBRED 11?
- THOROUGHBRED 11 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is THOROUGHBRED 11?
- THOROUGHBRED 11 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47429.
- Is THOROUGHBRED 11 still producing?
- THOROUGHBRED 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOROUGHBRED 11 is August 2026.
- How much has THOROUGHBRED 11 produced?
- THOROUGHBRED 11 has reported 192,410 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is THOROUGHBRED 11 worth?
- The remaining production from THOROUGHBRED 11 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOROUGHBRED 11 is a fraction of it. The estimate fits an Arps decline curve to the production THOROUGHBRED 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THOROUGHBRED 11 is an estimate of value, not an offer and not an appraisal.
- How much income does THOROUGHBRED 11 generate in a year?
- THOROUGHBRED 11 is forecast to net about $399K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOROUGHBRED 11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Shafter Lake, N. (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 47429 |
| Wellbores | 1 |
| Reported production | 192,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where THOROUGHBRED 11 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.