CYPRESS
CYPRESS is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Clear Water Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 72,904 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 $297K 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 361 barrels a month, about 181 per wellbore. Its strongest month on the record we hold was October 2016, at 3,264 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 CYPRESS
- Who operates CYPRESS?
- CYPRESS is operated by Clear Water Inc., Railroad Commission of Texas operator number 159643.
- Where is CYPRESS?
- CYPRESS is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48121.
- Is CYPRESS still producing?
- CYPRESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CYPRESS is August 2026.
- How much has CYPRESS produced?
- CYPRESS has reported 72,904 barrels of oil (bbl) to the Railroad Commission of Texas between August 2016 and August 2026, from 2 wellbores.
- How much is CYPRESS worth?
- The remaining production from CYPRESS is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CYPRESS is a fraction of it. The estimate fits an Arps decline curve to the production CYPRESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CYPRESS is an estimate of value, not an offer and not an appraisal.
- How much income does CYPRESS generate in a year?
- CYPRESS is forecast to net about $297K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CYPRESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Clear Water Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48121 |
| Wellbores | 2 |
| Reported production | 72,904 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where CYPRESS 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.