CRAZY CAMEL
CRAZY CAMEL is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Seaboard Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 115,950 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 $1.2M, with roughly $420K 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 635 barrels a month, about 127 per wellbore. Its strongest month on the record we hold was November 2020, at 2,502 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 CRAZY CAMEL
- Who operates CRAZY CAMEL?
- CRAZY CAMEL is operated by Seaboard Operating Co., Railroad Commission of Texas operator number 760960.
- Where is CRAZY CAMEL?
- CRAZY CAMEL is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48866.
- Is CRAZY CAMEL still producing?
- CRAZY CAMEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAZY CAMEL is August 2026.
- How much has CRAZY CAMEL produced?
- CRAZY CAMEL has reported 115,950 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 5 wellbores.
- How much is CRAZY CAMEL worth?
- The remaining production from CRAZY CAMEL is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $918K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAZY CAMEL is a fraction of it. The estimate fits an Arps decline curve to the production CRAZY CAMEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAZY CAMEL is an estimate of value, not an offer and not an appraisal.
- How much income does CRAZY CAMEL generate in a year?
- CRAZY CAMEL is forecast to net about $420K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAZY CAMEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Operating Co. |
|---|---|
| Field | Quito (Delaware-Consolidated) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48866 |
| Wellbores | 5 |
| Reported production | 115,950 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where CRAZY CAMEL 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.