CLEARBEE 29
CLEARBEE 29 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 289,782 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 $1.3M, with roughly $543K 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 945 barrels a month, about 236 per wellbore. Its strongest month on the record we hold was January 2019, at 2,691 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 CLEARBEE 29
- Who operates CLEARBEE 29?
- CLEARBEE 29 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is CLEARBEE 29?
- CLEARBEE 29 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42830.
- Is CLEARBEE 29 still producing?
- CLEARBEE 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEARBEE 29 is August 2026.
- How much has CLEARBEE 29 produced?
- CLEARBEE 29 has reported 289,782 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 4 wellbores.
- How much is CLEARBEE 29 worth?
- The remaining production from CLEARBEE 29 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $994K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEARBEE 29 is a fraction of it. The estimate fits an Arps decline curve to the production CLEARBEE 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEARBEE 29 is an estimate of value, not an offer and not an appraisal.
- How much income does CLEARBEE 29 generate in a year?
- CLEARBEE 29 is forecast to net about $543K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEARBEE 29 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 | 42830 |
| Wellbores | 4 |
| Reported production | 289,782 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where CLEARBEE 29 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.