COX 34
COX 34 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 225,612 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 $2.2M, with roughly $492K 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 695 barrels a month, about 174 per wellbore. Its strongest month on the record we hold was August 2016, at 2,572 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 COX 34
- Who operates COX 34?
- COX 34 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is COX 34?
- COX 34 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41076.
- Is COX 34 still producing?
- COX 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COX 34 is August 2026.
- How much has COX 34 produced?
- COX 34 has reported 225,612 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 4 wellbores.
- How much is COX 34 worth?
- The remaining production from COX 34 is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.8M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COX 34 is a fraction of it. The estimate fits an Arps decline curve to the production COX 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COX 34 is an estimate of value, not an offer and not an appraisal.
- How much income does COX 34 generate in a year?
- COX 34 is forecast to net about $492K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COX 34 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 | 41076 |
| Wellbores | 4 |
| Reported production | 225,612 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where COX 34 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.