KARGL UNIT
KARGL UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 26,439 barrels. The lease is intermittent. 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 $236K, with roughly $45K 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 41 barrels a month. Its strongest month on the record we hold was November 2016, at 519 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KARGL UNIT
- Who operates KARGL UNIT?
- KARGL UNIT is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is KARGL UNIT?
- KARGL UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42612.
- Is KARGL UNIT still producing?
- KARGL UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for KARGL UNIT is August 2026.
- How much has KARGL UNIT produced?
- KARGL UNIT has reported 26,439 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is KARGL UNIT worth?
- The remaining production from KARGL UNIT is estimated to be worth about $236K in total as of 26 August 2026, within a range of $130K to $343K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KARGL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KARGL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KARGL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KARGL UNIT generate in a year?
- KARGL UNIT is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KARGL UNIT 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 | 42612 |
| Wellbores | 1 |
| Reported production | 26,439 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
Where KARGL UNIT 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.