LEO UNIT 49
LEO UNIT 49 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 211,701 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 $1.5M, with roughly $329K 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 484 barrels a month. Its strongest month on the record we hold was December 2016, at 1,745 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 LEO UNIT 49
- Who operates LEO UNIT 49?
- LEO UNIT 49 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is LEO UNIT 49?
- LEO UNIT 49 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44066.
- Is LEO UNIT 49 still producing?
- LEO UNIT 49 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEO UNIT 49 is August 2026.
- How much has LEO UNIT 49 produced?
- LEO UNIT 49 has reported 211,701 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 1 wellbore.
- How much is LEO UNIT 49 worth?
- The remaining production from LEO UNIT 49 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEO UNIT 49 is a fraction of it. The estimate fits an Arps decline curve to the production LEO UNIT 49 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEO UNIT 49 is an estimate of value, not an offer and not an appraisal.
- How much income does LEO UNIT 49 generate in a year?
- LEO UNIT 49 is forecast to net about $329K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEO UNIT 49 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 | 44066 |
| Wellbores | 1 |
| Reported production | 211,701 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where LEO UNIT 49 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.