LANDLUBBER N
LANDLUBBER N is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 305,341 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 $459K, with roughly $310K 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 416 barrels a month, about 83 per wellbore. Its strongest month on the record we hold was August 2019, at 17,008 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 LANDLUBBER N
- Who operates LANDLUBBER N?
- LANDLUBBER N is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is LANDLUBBER N?
- LANDLUBBER N is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50748.
- Is LANDLUBBER N still producing?
- LANDLUBBER N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANDLUBBER N is August 2026.
- How much has LANDLUBBER N produced?
- LANDLUBBER N has reported 305,341 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 5 wellbores.
- How much is LANDLUBBER N worth?
- The remaining production from LANDLUBBER N is estimated to be worth about $459K in total as of 27 August 2026, within a range of $358K to $560K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANDLUBBER N is a fraction of it. The estimate fits an Arps decline curve to the production LANDLUBBER N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANDLUBBER N is an estimate of value, not an offer and not an appraisal.
- How much income does LANDLUBBER N generate in a year?
- LANDLUBBER N is forecast to net about $310K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LANDLUBBER N receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Armer (6350) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 50748 |
| Wellbores | 5 |
| Reported production | 305,341 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $459K |
Where LANDLUBBER N 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.