CRENSHAW, TERRY
CRENSHAW, TERRY is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Atoka Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 22,888 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 $314K, with roughly $60K 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 84 barrels a month. Its strongest month on the record we hold was September 2021, at 203 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 CRENSHAW, TERRY
- Who operates CRENSHAW, TERRY?
- CRENSHAW, TERRY is operated by Atoka Operating, Inc., Railroad Commission of Texas operator number 036606.
- Where is CRENSHAW, TERRY?
- CRENSHAW, TERRY is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31119.
- Is CRENSHAW, TERRY still producing?
- CRENSHAW, TERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRENSHAW, TERRY is August 2026.
- How much has CRENSHAW, TERRY produced?
- CRENSHAW, TERRY has reported 22,888 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is CRENSHAW, TERRY worth?
- The remaining production from CRENSHAW, TERRY is estimated to be worth about $314K in total as of 26 August 2026, within a range of $173K to $456K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRENSHAW, TERRY is a fraction of it. The estimate fits an Arps decline curve to the production CRENSHAW, TERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRENSHAW, TERRY is an estimate of value, not an offer and not an appraisal.
- How much income does CRENSHAW, TERRY generate in a year?
- CRENSHAW, TERRY is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRENSHAW, TERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atoka Operating, Inc. |
|---|---|
| Field | Sherman (Davis) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 31119 |
| Wellbores | 1 |
| Reported production | 22,888 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $314K |
Where CRENSHAW, TERRY 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.