LOW UNIT 19
LOW UNIT 19 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 May 2012 to August 2026, totalling 211,578 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 $848K, with roughly $303K 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 650 barrels a month, about 163 per wellbore. Its strongest month on the record we hold was August 2024, at 2,820 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 LOW UNIT 19
- Who operates LOW UNIT 19?
- LOW UNIT 19 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is LOW UNIT 19?
- LOW UNIT 19 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42796.
- Is LOW UNIT 19 still producing?
- LOW UNIT 19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOW UNIT 19 is August 2026.
- How much has LOW UNIT 19 produced?
- LOW UNIT 19 has reported 211,578 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 4 wellbores.
- How much is LOW UNIT 19 worth?
- The remaining production from LOW UNIT 19 is estimated to be worth about $848K in total as of 27 August 2026, within a range of $662K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOW UNIT 19 is a fraction of it. The estimate fits an Arps decline curve to the production LOW UNIT 19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOW UNIT 19 is an estimate of value, not an offer and not an appraisal.
- How much income does LOW UNIT 19 generate in a year?
- LOW UNIT 19 is forecast to net about $303K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOW UNIT 19 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 | 42796 |
| Wellbores | 4 |
| Reported production | 211,578 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $848K |
Where LOW UNIT 19 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.