CROLEY ESTATE
CROLEY ESTATE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 58,723 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 $981K, with roughly $281K 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 389 barrels a month, about 195 per wellbore. Its strongest month on the record we hold was October 2021, at 4,395 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 CROLEY ESTATE
- Who operates CROLEY ESTATE?
- CROLEY ESTATE is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is CROLEY ESTATE?
- CROLEY ESTATE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57556.
- Is CROLEY ESTATE still producing?
- CROLEY ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROLEY ESTATE is August 2026.
- How much has CROLEY ESTATE produced?
- CROLEY ESTATE has reported 58,723 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 2 wellbores.
- How much is CROLEY ESTATE worth?
- The remaining production from CROLEY ESTATE is estimated to be worth about $981K in total as of 27 August 2026, within a range of $765K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROLEY ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CROLEY ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROLEY ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CROLEY ESTATE generate in a year?
- CROLEY ESTATE is forecast to net about $281K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROLEY ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Sand Hills (Clear Fork) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 57556 |
| Wellbores | 2 |
| Reported production | 58,723 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $981K |
Where CROLEY 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.