HORSE RADISH 20
HORSE RADISH 20 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 99,940 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 $1.0M, with roughly $249K 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 302 barrels a month. Its strongest month on the record we hold was August 2016, at 1,775 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 HORSE RADISH 20
- Who operates HORSE RADISH 20?
- HORSE RADISH 20 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is HORSE RADISH 20?
- HORSE RADISH 20 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47255.
- Is HORSE RADISH 20 still producing?
- HORSE RADISH 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORSE RADISH 20 is August 2026.
- How much has HORSE RADISH 20 produced?
- HORSE RADISH 20 has reported 99,940 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is HORSE RADISH 20 worth?
- The remaining production from HORSE RADISH 20 is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $818K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORSE RADISH 20 is a fraction of it. The estimate fits an Arps decline curve to the production HORSE RADISH 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORSE RADISH 20 is an estimate of value, not an offer and not an appraisal.
- How much income does HORSE RADISH 20 generate in a year?
- HORSE RADISH 20 is forecast to net about $249K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HORSE RADISH 20 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) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 47255 |
| Wellbores | 1 |
| Reported production | 99,940 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where HORSE RADISH 20 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.