GUS 35
GUS 35 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 March 2017 to August 2026, totalling 251,699 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 $2.6M, with roughly $788K 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 1,317 barrels a month, about 329 per wellbore. Its strongest month on the record we hold was November 2018, at 6,156 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 GUS 35
- Who operates GUS 35?
- GUS 35 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is GUS 35?
- GUS 35 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48670.
- Is GUS 35 still producing?
- GUS 35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUS 35 is August 2026.
- How much has GUS 35 produced?
- GUS 35 has reported 251,699 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 4 wellbores.
- How much is GUS 35 worth?
- The remaining production from GUS 35 is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUS 35 is a fraction of it. The estimate fits an Arps decline curve to the production GUS 35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUS 35 is an estimate of value, not an offer and not an appraisal.
- How much income does GUS 35 generate in a year?
- GUS 35 is forecast to net about $788K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUS 35 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 | 48670 |
| Wellbores | 4 |
| Reported production | 251,699 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where GUS 35 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.