ARMSTRONG 36
ARMSTRONG 36 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 291,892 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 $1.6M, with roughly $476K 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 767 barrels a month, about 192 per wellbore. Its strongest month on the record we hold was March 2025, at 3,218 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 36
- Who operates ARMSTRONG 36?
- ARMSTRONG 36 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ARMSTRONG 36?
- ARMSTRONG 36 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43442.
- Is ARMSTRONG 36 still producing?
- ARMSTRONG 36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG 36 is August 2026.
- How much has ARMSTRONG 36 produced?
- ARMSTRONG 36 has reported 291,892 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 4 wellbores.
- How much is ARMSTRONG 36 worth?
- The remaining production from ARMSTRONG 36 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG 36 is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG 36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG 36 is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG 36 generate in a year?
- ARMSTRONG 36 is forecast to net about $476K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARMSTRONG 36 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 | 43442 |
| Wellbores | 4 |
| Reported production | 291,892 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where ARMSTRONG 36 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.