CRAIG
CRAIG is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 10 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 333,652 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 $3.0M, with roughly $624K 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 808 barrels a month, about 81 per wellbore. Its strongest month on the record we hold was October 2016, at 3,478 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 CRAIG
- Who operates CRAIG?
- CRAIG is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is CRAIG?
- CRAIG is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42512.
- Is CRAIG still producing?
- CRAIG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAIG is August 2026.
- How much has CRAIG produced?
- CRAIG has reported 333,652 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 10 wellbores.
- How much is CRAIG worth?
- The remaining production from CRAIG is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.3M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAIG is a fraction of it. The estimate fits an Arps decline curve to the production CRAIG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAIG is an estimate of value, not an offer and not an appraisal.
- How much income does CRAIG generate in a year?
- CRAIG is forecast to net about $624K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRAIG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 42512 |
| Wellbores | 10 |
| Reported production | 333,652 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where CRAIG 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.