CRAVER
CRAVER is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Adkins, R. L. Corp. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 11,123 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 $20K, with roughly $4K 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 5 barrels a month. Its strongest month on the record we hold was May 2016, at 128 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CRAVER
- Who operates CRAVER?
- CRAVER is operated by Adkins, R. L. Corp., Railroad Commission of Texas operator number 007937.
- Where is CRAVER?
- CRAVER is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30435.
- Is CRAVER still producing?
- CRAVER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAVER is August 2026.
- How much has CRAVER produced?
- CRAVER has reported 11,123 barrels of oil (bbl) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is CRAVER worth?
- The remaining production from CRAVER is estimated to be worth about $20K in total as of 26 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAVER is a fraction of it. The estimate fits an Arps decline curve to the production CRAVER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAVER is an estimate of value, not an offer and not an appraisal.
- How much income does CRAVER generate in a year?
- CRAVER is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAVER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Adkins, R. L. Corp. |
|---|---|
| Field | Hat Top Mountain, N. (Fry SD.) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 30435 |
| Wellbores | 1 |
| Reported production | 11,123 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where CRAVER 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.