CRAVENS
CRAVENS is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Halvey Energy, LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 45,247 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 $773K, with roughly $149K 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 184 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was December 2025, at 289 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 CRAVENS
- Who operates CRAVENS?
- CRAVENS is operated by Halvey Energy, LLC, Railroad Commission of Texas operator number 347241.
- Where is CRAVENS?
- CRAVENS is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68980.
- Is CRAVENS still producing?
- CRAVENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAVENS is August 2026.
- How much has CRAVENS produced?
- CRAVENS has reported 45,247 barrels of oil (bbl) to the Railroad Commission of Texas between September 2006 and August 2026, from 2 wellbores.
- How much is CRAVENS worth?
- The remaining production from CRAVENS is estimated to be worth about $773K in total as of 26 August 2026, within a range of $603K to $943K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAVENS is a fraction of it. The estimate fits an Arps decline curve to the production CRAVENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAVENS is an estimate of value, not an offer and not an appraisal.
- How much income does CRAVENS generate in a year?
- CRAVENS is forecast to net about $149K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAVENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halvey Energy, LLC |
|---|---|
| Field | Givens (Clearfork, Lo.) |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 68980 |
| Wellbores | 2 |
| Reported production | 45,247 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $773K |
Where CRAVENS 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.