BOX NAIL E
BOX NAIL E is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 270,868 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 $1.9M, with roughly $515K 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 655 barrels a month. Its strongest month on the record we hold was October 2018, at 15,845 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 BOX NAIL E
- Who operates BOX NAIL E?
- BOX NAIL E is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is BOX NAIL E?
- BOX NAIL E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51390.
- Is BOX NAIL E still producing?
- BOX NAIL E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOX NAIL E is August 2026.
- How much has BOX NAIL E produced?
- BOX NAIL E has reported 270,868 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is BOX NAIL E worth?
- The remaining production from BOX NAIL E is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOX NAIL E is a fraction of it. The estimate fits an Arps decline curve to the production BOX NAIL E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOX NAIL E is an estimate of value, not an offer and not an appraisal.
- How much income does BOX NAIL E generate in a year?
- BOX NAIL E is forecast to net about $515K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOX NAIL E 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 | 51390 |
| Wellbores | 1 |
| Reported production | 270,868 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where BOX NAIL E 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.