DYER "28"
DYER "28" 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 October 2009 to August 2026, totalling 173,609 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 $1.1M, with roughly $248K 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 330 barrels a month, about 83 per wellbore. Its strongest month on the record we hold was June 2021, at 1,150 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 DYER "28"
- Who operates DYER "28"?
- DYER "28" is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is DYER "28"?
- DYER "28" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39739.
- Is DYER "28" still producing?
- DYER "28" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DYER "28" is August 2026.
- How much has DYER "28" produced?
- DYER "28" has reported 173,609 barrels of oil (bbl) to the Railroad Commission of Texas between October 2009 and August 2026, from 4 wellbores.
- How much is DYER "28" worth?
- The remaining production from DYER "28" is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $824K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DYER "28" is a fraction of it. The estimate fits an Arps decline curve to the production DYER "28" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DYER "28" is an estimate of value, not an offer and not an appraisal.
- How much income does DYER "28" generate in a year?
- DYER "28" is forecast to net about $248K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DYER "28" 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 | 39739 |
| Wellbores | 4 |
| Reported production | 173,609 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where DYER "28" 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.