ROY 1
ROY 1 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 March 2010 to August 2026, totalling 252,669 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 $1.9M, with roughly $458K 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 1,102 barrels a month, about 275 per wellbore. Its strongest month on the record we hold was November 2025, at 4,359 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 ROY 1
- Who operates ROY 1?
- ROY 1 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ROY 1?
- ROY 1 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40120.
- Is ROY 1 still producing?
- ROY 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROY 1 is August 2026.
- How much has ROY 1 produced?
- ROY 1 has reported 252,669 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 4 wellbores.
- How much is ROY 1 worth?
- The remaining production from ROY 1 is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROY 1 is a fraction of it. The estimate fits an Arps decline curve to the production ROY 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROY 1 is an estimate of value, not an offer and not an appraisal.
- How much income does ROY 1 generate in a year?
- ROY 1 is forecast to net about $458K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROY 1 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 | 40120 |
| Wellbores | 4 |
| Reported production | 252,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where ROY 1 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.