SPEARY FAMILY TRUST UNIT A

SPEARY FAMILY TRUST UNIT A is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 607,048 thousand cubic feet. 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 $60K, with roughly $17K 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 540 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 8,528 thousand cubic feet. 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 SPEARY FAMILY TRUST UNIT A

Who operates SPEARY FAMILY TRUST UNIT A?
SPEARY FAMILY TRUST UNIT A is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
Where is SPEARY FAMILY TRUST UNIT A?
SPEARY FAMILY TRUST UNIT A is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 277547.
Is SPEARY FAMILY TRUST UNIT A still producing?
SPEARY FAMILY TRUST UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPEARY FAMILY TRUST UNIT A is August 2026.
How much has SPEARY FAMILY TRUST UNIT A produced?
SPEARY FAMILY TRUST UNIT A has reported 607,048 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
How much is SPEARY FAMILY TRUST UNIT A worth?
The remaining production from SPEARY FAMILY TRUST UNIT A is estimated to be worth about $60K in total as of 26 August 2026, within a range of $47K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPEARY FAMILY TRUST UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production SPEARY FAMILY TRUST UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPEARY FAMILY TRUST UNIT A is an estimate of value, not an offer and not an appraisal.
How much income does SPEARY FAMILY TRUST UNIT A generate in a year?
SPEARY FAMILY TRUST UNIT A is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPEARY FAMILY TRUST UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SPEARY FAMILY TRUST UNIT A as filed with the Railroad Commission of Texas
OperatorBurlington Resources O & G Co LP
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number277547
Wellbores1
Reported production607,048 mcf
First reported
Last reported
Estimated royalty value$60K

Where SPEARY FAMILY TRUST UNIT A 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.