IRON FR 26
IRON FR 26 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 November 2016 to August 2026, totalling 122,739 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 $914K, with roughly $158K 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 171 barrels a month. Its strongest month on the record we hold was December 2016, at 7,580 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 IRON FR 26
- Who operates IRON FR 26?
- IRON FR 26 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is IRON FR 26?
- IRON FR 26 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48341.
- Is IRON FR 26 still producing?
- IRON FR 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRON FR 26 is August 2026.
- How much has IRON FR 26 produced?
- IRON FR 26 has reported 122,739 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 1 wellbore.
- How much is IRON FR 26 worth?
- The remaining production from IRON FR 26 is estimated to be worth about $914K in total as of 27 August 2026, within a range of $713K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRON FR 26 is a fraction of it. The estimate fits an Arps decline curve to the production IRON FR 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRON FR 26 is an estimate of value, not an offer and not an appraisal.
- How much income does IRON FR 26 generate in a year?
- IRON FR 26 is forecast to net about $158K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IRON FR 26 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 | 48341 |
| Wellbores | 1 |
| Reported production | 122,739 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $914K |
Where IRON FR 26 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.