CRAWAR FIELD UNIT
CRAWAR FIELD UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 482,449 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 $328K 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 473 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was September 2017, at 1,176 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 CRAWAR FIELD UNIT
- Who operates CRAWAR FIELD UNIT?
- CRAWAR FIELD UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is CRAWAR FIELD UNIT?
- CRAWAR FIELD UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24345.
- Is CRAWAR FIELD UNIT still producing?
- CRAWAR FIELD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAWAR FIELD UNIT is August 2026.
- How much has CRAWAR FIELD UNIT produced?
- CRAWAR FIELD UNIT has reported 482,449 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is CRAWAR FIELD UNIT worth?
- The remaining production from CRAWAR FIELD UNIT 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 CRAWAR FIELD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRAWAR FIELD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAWAR FIELD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRAWAR FIELD UNIT generate in a year?
- CRAWAR FIELD UNIT is forecast to net about $328K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAWAR FIELD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Crawar (Tubb) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 24345 |
| Wellbores | 15 |
| Reported production | 482,449 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where CRAWAR FIELD UNIT 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.