LACEY OAK
LACEY OAK is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 679,521 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 $7.8M, with roughly $2.1M 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 2,630 barrels a month, about 658 per wellbore. Its strongest month on the record we hold was March 2021, at 114,574 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LACEY OAK
- Who operates LACEY OAK?
- LACEY OAK is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is LACEY OAK?
- LACEY OAK is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55454.
- Is LACEY OAK still producing?
- LACEY OAK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LACEY OAK is August 2026.
- How much has LACEY OAK produced?
- LACEY OAK has reported 679,521 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 4 wellbores.
- How much is LACEY OAK worth?
- The remaining production from LACEY OAK is estimated to be worth about $7.8M in total as of 27 August 2026, within a range of $6.5M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LACEY OAK is a fraction of it. The estimate fits an Arps decline curve to the production LACEY OAK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LACEY OAK is an estimate of value, not an offer and not an appraisal.
- How much income does LACEY OAK generate in a year?
- LACEY OAK is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LACEY OAK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55454 |
| Wellbores | 4 |
| Reported production | 679,521 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where LACEY OAK 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.