WOLCOTT 253
WOLCOTT 253 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 442,249 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 $3.0M, with roughly $885K 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 1,314 barrels a month, about 188 per wellbore. Its strongest month on the record we hold was June 2016, at 4,635 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 WOLCOTT 253
- Who operates WOLCOTT 253?
- WOLCOTT 253 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is WOLCOTT 253?
- WOLCOTT 253 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41987.
- Is WOLCOTT 253 still producing?
- WOLCOTT 253 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLCOTT 253 is August 2026.
- How much has WOLCOTT 253 produced?
- WOLCOTT 253 has reported 442,249 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 7 wellbores.
- How much is WOLCOTT 253 worth?
- The remaining production from WOLCOTT 253 is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLCOTT 253 is a fraction of it. The estimate fits an Arps decline curve to the production WOLCOTT 253 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLCOTT 253 is an estimate of value, not an offer and not an appraisal.
- How much income does WOLCOTT 253 generate in a year?
- WOLCOTT 253 is forecast to net about $885K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOLCOTT 253 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 | 41987 |
| Wellbores | 7 |
| Reported production | 442,249 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where WOLCOTT 253 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.