ALBERT 17
ALBERT 17 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 118,280 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 $1.5M, with roughly $329K 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 926 barrels a month, about 463 per wellbore. Its strongest month on the record we hold was August 2025, at 1,596 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 ALBERT 17
- Who operates ALBERT 17?
- ALBERT 17 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ALBERT 17?
- ALBERT 17 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43799.
- Is ALBERT 17 still producing?
- ALBERT 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALBERT 17 is August 2026.
- How much has ALBERT 17 produced?
- ALBERT 17 has reported 118,280 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 2 wellbores.
- How much is ALBERT 17 worth?
- The remaining production from ALBERT 17 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALBERT 17 is a fraction of it. The estimate fits an Arps decline curve to the production ALBERT 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALBERT 17 is an estimate of value, not an offer and not an appraisal.
- How much income does ALBERT 17 generate in a year?
- ALBERT 17 is forecast to net about $329K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALBERT 17 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 43799 |
| Wellbores | 2 |
| Reported production | 118,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where ALBERT 17 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.