FAEE 47
FAEE 47 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 159,233 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 $865K, with roughly $166K 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 151 barrels a month, about 75 per wellbore. Its strongest month on the record we hold was June 2019, at 47,136 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 FAEE 47
- Who operates FAEE 47?
- FAEE 47 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is FAEE 47?
- FAEE 47 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42156.
- Is FAEE 47 still producing?
- FAEE 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAEE 47 is August 2026.
- How much has FAEE 47 produced?
- FAEE 47 has reported 159,233 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is FAEE 47 worth?
- The remaining production from FAEE 47 is estimated to be worth about $865K in total as of 26 August 2026, within a range of $675K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAEE 47 is a fraction of it. The estimate fits an Arps decline curve to the production FAEE 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAEE 47 is an estimate of value, not an offer and not an appraisal.
- How much income does FAEE 47 generate in a year?
- FAEE 47 is forecast to net about $166K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAEE 47 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 | 42156 |
| Wellbores | 2 |
| Reported production | 159,233 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $865K |
Where FAEE 47 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.