ARMSTRONG 12
ARMSTRONG 12 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 136,217 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 $940K, with roughly $336K 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 334 barrels a month, about 167 per wellbore. Its strongest month on the record we hold was February 2023, at 1,098 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 ARMSTRONG 12
- Who operates ARMSTRONG 12?
- ARMSTRONG 12 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ARMSTRONG 12?
- ARMSTRONG 12 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43716.
- Is ARMSTRONG 12 still producing?
- ARMSTRONG 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG 12 is August 2026.
- How much has ARMSTRONG 12 produced?
- ARMSTRONG 12 has reported 136,217 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 2 wellbores.
- How much is ARMSTRONG 12 worth?
- The remaining production from ARMSTRONG 12 is estimated to be worth about $940K in total as of 27 August 2026, within a range of $734K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG 12 is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG 12 is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG 12 generate in a year?
- ARMSTRONG 12 is forecast to net about $336K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARMSTRONG 12 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 43716 |
| Wellbores | 2 |
| Reported production | 136,217 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $940K |
Where ARMSTRONG 12 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.