STEAMBOAT
STEAMBOAT 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 December 2020 to August 2026, totalling 399,796 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 $3.9M, with roughly $1.6M 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 2,685 barrels a month, about 1,343 per wellbore. Its strongest month on the record we hold was August 2021, at 42,807 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 STEAMBOAT
- Who operates STEAMBOAT?
- STEAMBOAT is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is STEAMBOAT?
- STEAMBOAT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55829.
- Is STEAMBOAT still producing?
- STEAMBOAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEAMBOAT is August 2026.
- How much has STEAMBOAT produced?
- STEAMBOAT has reported 399,796 barrels of oil (bbl) to the Railroad Commission of Texas between December 2020 and August 2026, from 2 wellbores.
- How much is STEAMBOAT worth?
- The remaining production from STEAMBOAT is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEAMBOAT is a fraction of it. The estimate fits an Arps decline curve to the production STEAMBOAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEAMBOAT is an estimate of value, not an offer and not an appraisal.
- How much income does STEAMBOAT generate in a year?
- STEAMBOAT is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEAMBOAT 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 | 55829 |
| Wellbores | 2 |
| Reported production | 399,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where STEAMBOAT 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.