MT LAUREL
MT LAUREL 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 September 2021 to August 2026, totalling 445,552 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 $520K, with roughly $366K 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 918 barrels a month, about 459 per wellbore. Its strongest month on the record we hold was October 2021, at 58,164 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 MT LAUREL
- Who operates MT LAUREL?
- MT LAUREL is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is MT LAUREL?
- MT LAUREL is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56324.
- Is MT LAUREL still producing?
- MT LAUREL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MT LAUREL is August 2026.
- How much has MT LAUREL produced?
- MT LAUREL has reported 445,552 barrels of oil (bbl) to the Railroad Commission of Texas between September 2021 and August 2026, from 2 wellbores.
- How much is MT LAUREL worth?
- The remaining production from MT LAUREL is estimated to be worth about $520K in total as of 27 August 2026, within a range of $405K to $634K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MT LAUREL is a fraction of it. The estimate fits an Arps decline curve to the production MT LAUREL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MT LAUREL is an estimate of value, not an offer and not an appraisal.
- How much income does MT LAUREL generate in a year?
- MT LAUREL is forecast to net about $366K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MT LAUREL 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 | 56324 |
| Wellbores | 2 |
| Reported production | 445,552 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $520K |
Where MT LAUREL 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.