STRIDER
STRIDER is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Crownquest Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 705,954 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 $3.3M, with roughly $974K 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 1,611 barrels a month, about 537 per wellbore. Its strongest month on the record we hold was March 2019, at 59,212 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STRIDER
- Who operates STRIDER?
- STRIDER is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is STRIDER?
- STRIDER is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20083.
- Is STRIDER still producing?
- STRIDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRIDER is August 2026.
- How much has STRIDER produced?
- STRIDER has reported 705,954 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 3 wellbores.
- How much is STRIDER worth?
- The remaining production from STRIDER is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRIDER is a fraction of it. The estimate fits an Arps decline curve to the production STRIDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRIDER is an estimate of value, not an offer and not an appraisal.
- How much income does STRIDER generate in a year?
- STRIDER is forecast to net about $974K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STRIDER 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 | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20083 |
| Wellbores | 3 |
| Reported production | 705,954 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where STRIDER 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.