CRAZY CAT 41-32

CRAZY CAT 41-32 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sabalo Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 788,157 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 $1.4M, with roughly $793K 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 680 barrels a month, about 170 per wellbore. Its strongest month on the record we hold was October 2019, at 32,747 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 CRAZY CAT 41-32

Who operates CRAZY CAT 41-32?
CRAZY CAT 41-32 is operated by Sabalo Operating, LLC, Railroad Commission of Texas operator number 741939.
Where is CRAZY CAT 41-32?
CRAZY CAT 41-32 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50334.
Is CRAZY CAT 41-32 still producing?
CRAZY CAT 41-32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAZY CAT 41-32 is August 2026.
How much has CRAZY CAT 41-32 produced?
CRAZY CAT 41-32 has reported 788,157 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 4 wellbores.
How much is CRAZY CAT 41-32 worth?
The remaining production from CRAZY CAT 41-32 is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAZY CAT 41-32 is a fraction of it. The estimate fits an Arps decline curve to the production CRAZY CAT 41-32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAZY CAT 41-32 is an estimate of value, not an offer and not an appraisal.
How much income does CRAZY CAT 41-32 generate in a year?
CRAZY CAT 41-32 is forecast to net about $793K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAZY CAT 41-32 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CRAZY CAT 41-32 as filed with the Railroad Commission of Texas
OperatorSabalo Operating, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number50334
Wellbores4
Reported production788,157 bbl
First reported
Last reported
Estimated royalty value$1.4M

Where CRAZY CAT 41-32 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.