CROWDER UNIT
CROWDER UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 441,094 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 $884K, with roughly $409K 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 1,541 barrels a month. Its strongest month on the record we hold was November 2018, at 35,547 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 CROWDER UNIT
- Who operates CROWDER UNIT?
- CROWDER UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is CROWDER UNIT?
- CROWDER UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11683.
- Is CROWDER UNIT still producing?
- CROWDER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROWDER UNIT is August 2026.
- How much has CROWDER UNIT produced?
- CROWDER UNIT has reported 441,094 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is CROWDER UNIT worth?
- The remaining production from CROWDER UNIT is estimated to be worth about $884K in total as of 27 August 2026, within a range of $734K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROWDER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CROWDER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROWDER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CROWDER UNIT generate in a year?
- CROWDER UNIT is forecast to net about $409K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROWDER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11683 |
| Wellbores | 1 |
| Reported production | 441,094 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $884K |
Where CROWDER UNIT 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.