ALPS
ALPS is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Rayden. It has 1 wellbore on file with the Commission. Reported production runs from March 2003 to August 2026, totalling 13,263 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 $33K, with roughly $6K 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 22 barrels a month. Its strongest month on the record we hold was July 2023, at 105 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ALPS
- Who operates ALPS?
- ALPS is operated by Rayden, Railroad Commission of Texas operator number 695567.
- Where is ALPS?
- ALPS is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37057.
- Is ALPS still producing?
- ALPS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALPS is August 2026.
- How much has ALPS produced?
- ALPS has reported 13,263 barrels of oil (bbl) to the Railroad Commission of Texas between March 2003 and August 2026, from 1 wellbore.
- How much is ALPS worth?
- The remaining production from ALPS is estimated to be worth about $33K in total as of 26 August 2026, within a range of $18K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALPS is a fraction of it. The estimate fits an Arps decline curve to the production ALPS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALPS is an estimate of value, not an offer and not an appraisal.
- How much income does ALPS generate in a year?
- ALPS is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALPS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rayden |
|---|---|
| Field | Abell (Permian-General) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 37057 |
| Wellbores | 1 |
| Reported production | 13,263 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where ALPS 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.