SALSA 20
SALSA 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 January 2019 to August 2026, totalling 71,136 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 $1.5M, with roughly $350K 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 445 barrels a month. Its strongest month on the record we hold was February 2019, at 5,840 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 SALSA 20
- Who operates SALSA 20?
- SALSA 20 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is SALSA 20?
- SALSA 20 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51268.
- Is SALSA 20 still producing?
- SALSA 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALSA 20 is August 2026.
- How much has SALSA 20 produced?
- SALSA 20 has reported 71,136 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 1 wellbore.
- How much is SALSA 20 worth?
- The remaining production from SALSA 20 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALSA 20 is a fraction of it. The estimate fits an Arps decline curve to the production SALSA 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALSA 20 is an estimate of value, not an offer and not an appraisal.
- How much income does SALSA 20 generate in a year?
- SALSA 20 is forecast to net about $350K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SALSA 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 | 51268 |
| Wellbores | 1 |
| Reported production | 71,136 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where SALSA 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.