MURPHY 12
MURPHY 12 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 62,204 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 $732K, with roughly $127K 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 120 barrels a month, about 60 per wellbore. Its strongest month on the record we hold was April 2019, at 754 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 MURPHY 12
- Who operates MURPHY 12?
- MURPHY 12 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is MURPHY 12?
- MURPHY 12 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43438.
- Is MURPHY 12 still producing?
- MURPHY 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MURPHY 12 is August 2026.
- How much has MURPHY 12 produced?
- MURPHY 12 has reported 62,204 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 2 wellbores.
- How much is MURPHY 12 worth?
- The remaining production from MURPHY 12 is estimated to be worth about $732K in total as of 26 August 2026, within a range of $571K to $893K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MURPHY 12 is a fraction of it. The estimate fits an Arps decline curve to the production MURPHY 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MURPHY 12 is an estimate of value, not an offer and not an appraisal.
- How much income does MURPHY 12 generate in a year?
- MURPHY 12 is forecast to net about $127K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MURPHY 12 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 | 43438 |
| Wellbores | 2 |
| Reported production | 62,204 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $732K |
Where MURPHY 12 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.