CROCKETT 1-37 WRD
CROCKETT 1-37 WRD is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 6 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 1,119,154 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 $509K, with roughly $358K 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 882 barrels a month, about 147 per wellbore. Its strongest month on the record we hold was May 2016, at 28,189 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 CROCKETT 1-37 WRD
- Who operates CROCKETT 1-37 WRD?
- CROCKETT 1-37 WRD is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is CROCKETT 1-37 WRD?
- CROCKETT 1-37 WRD is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42140.
- Is CROCKETT 1-37 WRD still producing?
- CROCKETT 1-37 WRD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROCKETT 1-37 WRD is August 2026.
- How much has CROCKETT 1-37 WRD produced?
- CROCKETT 1-37 WRD has reported 1,119,154 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 6 wellbores.
- How much is CROCKETT 1-37 WRD worth?
- The remaining production from CROCKETT 1-37 WRD is estimated to be worth about $509K in total as of 27 August 2026, within a range of $397K to $621K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROCKETT 1-37 WRD is a fraction of it. The estimate fits an Arps decline curve to the production CROCKETT 1-37 WRD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROCKETT 1-37 WRD is an estimate of value, not an offer and not an appraisal.
- How much income does CROCKETT 1-37 WRD generate in a year?
- CROCKETT 1-37 WRD is forecast to net about $358K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROCKETT 1-37 WRD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 42140 |
| Wellbores | 6 |
| Reported production | 1,119,154 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $509K |
Where CROCKETT 1-37 WRD 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.