RATTLESNAKE
RATTLESNAKE is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 377,694 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 $6.2M, with roughly $2.0M 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 3,171 barrels a month, about 634 per wellbore. Its strongest month on the record we hold was January 2020, at 11,348 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 RATTLESNAKE
- Who operates RATTLESNAKE?
- RATTLESNAKE is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is RATTLESNAKE?
- RATTLESNAKE is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50936.
- Is RATTLESNAKE still producing?
- RATTLESNAKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RATTLESNAKE is August 2026.
- How much has RATTLESNAKE produced?
- RATTLESNAKE has reported 377,694 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 5 wellbores.
- How much is RATTLESNAKE worth?
- The remaining production from RATTLESNAKE is estimated to be worth about $6.2M in total as of 26 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RATTLESNAKE is a fraction of it. The estimate fits an Arps decline curve to the production RATTLESNAKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RATTLESNAKE is an estimate of value, not an offer and not an appraisal.
- How much income does RATTLESNAKE generate in a year?
- RATTLESNAKE is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RATTLESNAKE 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 | 50936 |
| Wellbores | 5 |
| Reported production | 377,694 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where RATTLESNAKE 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.