JOHN CR
JOHN CR is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Qep Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 398,207 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 $339K 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 337 barrels a month. Its strongest month on the record we hold was December 2018, at 26,427 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 JOHN CR
- Who operates JOHN CR?
- JOHN CR is operated by Qep Energy Company, Railroad Commission of Texas operator number 684474.
- Where is JOHN CR?
- JOHN CR is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51777.
- Is JOHN CR still producing?
- JOHN CR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHN CR is August 2026.
- How much has JOHN CR produced?
- JOHN CR has reported 398,207 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is JOHN CR worth?
- The remaining production from JOHN CR is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $829K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHN CR is a fraction of it. The estimate fits an Arps decline curve to the production JOHN CR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHN CR is an estimate of value, not an offer and not an appraisal.
- How much income does JOHN CR generate in a year?
- JOHN CR is forecast to net about $339K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHN CR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Qep Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 51777 |
| Wellbores | 1 |
| Reported production | 398,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where JOHN CR 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.