ROBERT AND THE CRUSADERS 23-24 D

ROBERT AND THE CRUSADERS 23-24 D is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 3 wellbores on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 548,650 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 $8.4M, with roughly $2.4M 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 2,423 barrels a month, about 808 per wellbore. Its strongest month on the record we hold was January 2023, at 103,169 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 ROBERT AND THE CRUSADERS 23-24 D

Who operates ROBERT AND THE CRUSADERS 23-24 D?
ROBERT AND THE CRUSADERS 23-24 D is operated by Birch Operations, Inc., Railroad Commission of Texas operator number 071331.
Where is ROBERT AND THE CRUSADERS 23-24 D?
ROBERT AND THE CRUSADERS 23-24 D is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59035.
Is ROBERT AND THE CRUSADERS 23-24 D still producing?
ROBERT AND THE CRUSADERS 23-24 D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROBERT AND THE CRUSADERS 23-24 D is August 2026.
How much has ROBERT AND THE CRUSADERS 23-24 D produced?
ROBERT AND THE CRUSADERS 23-24 D has reported 548,650 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 3 wellbores.
How much is ROBERT AND THE CRUSADERS 23-24 D worth?
The remaining production from ROBERT AND THE CRUSADERS 23-24 D is estimated to be worth about $8.4M in total as of 27 August 2026, within a range of $7.0M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROBERT AND THE CRUSADERS 23-24 D is a fraction of it. The estimate fits an Arps decline curve to the production ROBERT AND THE CRUSADERS 23-24 D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROBERT AND THE CRUSADERS 23-24 D is an estimate of value, not an offer and not an appraisal.
How much income does ROBERT AND THE CRUSADERS 23-24 D generate in a year?
ROBERT AND THE CRUSADERS 23-24 D is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROBERT AND THE CRUSADERS 23-24 D receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ROBERT AND THE CRUSADERS 23-24 D as filed with the Railroad Commission of Texas
OperatorBirch Operations, Inc.
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number59035
Wellbores3
Reported production548,650 bbl
First reported
Last reported
Estimated royalty value$8.4M

Where ROBERT AND THE CRUSADERS 23-24 D 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.