CHITALPA
CHITALPA is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 6 wellbores on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 981,699 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 $16.2M, with roughly $5.2M 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 8,410 barrels a month, about 1,402 per wellbore. Its strongest month on the record we hold was October 2023, at 168,226 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 CHITALPA
- Who operates CHITALPA?
- CHITALPA is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is CHITALPA?
- CHITALPA is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60318.
- Is CHITALPA still producing?
- CHITALPA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHITALPA is August 2026.
- How much has CHITALPA produced?
- CHITALPA has reported 981,699 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 6 wellbores.
- How much is CHITALPA worth?
- The remaining production from CHITALPA is estimated to be worth about $16.2M in total as of 27 August 2026, within a range of $13.5M to $19.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHITALPA is a fraction of it. The estimate fits an Arps decline curve to the production CHITALPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHITALPA is an estimate of value, not an offer and not an appraisal.
- How much income does CHITALPA generate in a year?
- CHITALPA is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHITALPA 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 | 60318 |
| Wellbores | 6 |
| Reported production | 981,699 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.2M |
Where CHITALPA 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.