CROSS BAR RANCH
CROSS BAR RANCH is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lothian Oil Texas I, Inc. It has 154 wellbores on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 17,127,291 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 $27.9M, with roughly $9.5M 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 18,043 barrels a month, about 117 per wellbore. Its strongest month on the record we hold was August 2018, at 240,728 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CROSS BAR RANCH
- Who operates CROSS BAR RANCH?
- CROSS BAR RANCH is operated by Lothian Oil Texas I, Inc., Railroad Commission of Texas operator number 509342.
- Where is CROSS BAR RANCH?
- CROSS BAR RANCH is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38014.
- Is CROSS BAR RANCH still producing?
- CROSS BAR RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROSS BAR RANCH is August 2026.
- How much has CROSS BAR RANCH produced?
- CROSS BAR RANCH has reported 17,127,291 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 154 wellbores.
- How much is CROSS BAR RANCH worth?
- The remaining production from CROSS BAR RANCH is estimated to be worth about $27.9M in total as of 26 August 2026, within a range of $22.9M to $33.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROSS BAR RANCH is a fraction of it. The estimate fits an Arps decline curve to the production CROSS BAR RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROSS BAR RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does CROSS BAR RANCH generate in a year?
- CROSS BAR RANCH is forecast to net about $9.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CROSS BAR RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lothian Oil Texas I, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38014 |
| Wellbores | 154 |
| Reported production | 17,127,291 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27.9M |
Where CROSS BAR RANCH 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.