GLASS 32 -H-
GLASS 32 -H- is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Costilla Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 22,187 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 $50K, with roughly $10K 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 13 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was February 2018, at 42 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 GLASS 32 -H-
- Who operates GLASS 32 -H-?
- GLASS 32 -H- is operated by Costilla Petroleum Corporation, Railroad Commission of Texas operator number 180545.
- Where is GLASS 32 -H-?
- GLASS 32 -H- is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34611.
- Is GLASS 32 -H- still producing?
- GLASS 32 -H- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS 32 -H- is August 2026.
- How much has GLASS 32 -H- produced?
- GLASS 32 -H- has reported 22,187 barrels of oil (bbl) to the Railroad Commission of Texas between August 1995 and August 2026, from 2 wellbores.
- How much is GLASS 32 -H- worth?
- The remaining production from GLASS 32 -H- is estimated to be worth about $50K in total as of 27 August 2026, within a range of $28K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 32 -H- is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 32 -H- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 32 -H- is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 32 -H- generate in a year?
- GLASS 32 -H- is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLASS 32 -H- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Costilla Petroleum Corporation |
|---|---|
| Field | Concho Bluff (Queen) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 34611 |
| Wellbores | 2 |
| Reported production | 22,187 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where GLASS 32 -H- 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.