CROWLEY, L. M.
CROWLEY, L. M. is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Mcnallen & Griffin. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 162,848 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 $229K 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 335 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was November 2017, at 398 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 CROWLEY, L. M.
- Who operates CROWLEY, L. M.?
- CROWLEY, L. M. is operated by Mcnallen & Griffin, Railroad Commission of Texas operator number 555390.
- Where is CROWLEY, L. M.?
- CROWLEY, L. M. is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03853.
- Is CROWLEY, L. M. still producing?
- CROWLEY, L. M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROWLEY, L. M. is August 2026.
- How much has CROWLEY, L. M. produced?
- CROWLEY, L. M. has reported 162,848 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CROWLEY, L. M. worth?
- The remaining production from CROWLEY, L. M. is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $786K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROWLEY, L. M. is a fraction of it. The estimate fits an Arps decline curve to the production CROWLEY, L. M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROWLEY, L. M. is an estimate of value, not an offer and not an appraisal.
- How much income does CROWLEY, L. M. generate in a year?
- CROWLEY, L. M. is forecast to net about $229K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CROWLEY, L. M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcnallen & Griffin |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 03853 |
| Wellbores | 4 |
| Reported production | 162,848 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where CROWLEY, L. M. 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.