MONTERREY OAK
MONTERREY 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 December 2019 to August 2026, totalling 824,414 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 $7.6M, with roughly $1.7M 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 1,688 barrels a month, about 422 per wellbore. Its strongest month on the record we hold was January 2020, at 84,425 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 MONTERREY OAK
- Who operates MONTERREY OAK?
- MONTERREY OAK is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is MONTERREY OAK?
- MONTERREY OAK is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54060.
- Is MONTERREY OAK still producing?
- MONTERREY OAK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONTERREY OAK is August 2026.
- How much has MONTERREY OAK produced?
- MONTERREY OAK has reported 824,414 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 4 wellbores.
- How much is MONTERREY OAK worth?
- The remaining production from MONTERREY OAK is estimated to be worth about $7.6M in total as of 27 August 2026, within a range of $6.3M to $8.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONTERREY OAK is a fraction of it. The estimate fits an Arps decline curve to the production MONTERREY OAK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONTERREY OAK is an estimate of value, not an offer and not an appraisal.
- How much income does MONTERREY OAK generate in a year?
- MONTERREY OAK is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MONTERREY 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 | 54060 |
| Wellbores | 4 |
| Reported production | 824,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.6M |
Where MONTERREY 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.