SPEARY A - A VAUGHN USW A

SPEARY A - A VAUGHN USW 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 December 2020 to August 2026, totalling 986,433 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 $2.8M, with roughly $591K 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 6,041 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 113,419 thousand cubic feet. 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 SPEARY A - A VAUGHN USW A

Who operates SPEARY A - A VAUGHN USW A?
SPEARY A - A VAUGHN USW A is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
Where is SPEARY A - A VAUGHN USW A?
SPEARY A - A VAUGHN USW A is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 292043.
Is SPEARY A - A VAUGHN USW A still producing?
SPEARY A - A VAUGHN USW A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPEARY A - A VAUGHN USW A is August 2026.
How much has SPEARY A - A VAUGHN USW A produced?
SPEARY A - A VAUGHN USW A has reported 986,433 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2020 and August 2026, from 1 wellbore.
How much is SPEARY A - A VAUGHN USW A worth?
The remaining production from SPEARY A - A VAUGHN USW A is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.3M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPEARY A - A VAUGHN USW A is a fraction of it. The estimate fits an Arps decline curve to the production SPEARY A - A VAUGHN USW 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 A - A VAUGHN USW A is an estimate of value, not an offer and not an appraisal.
How much income does SPEARY A - A VAUGHN USW A generate in a year?
SPEARY A - A VAUGHN USW A is forecast to net about $591K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPEARY A - A VAUGHN USW A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SPEARY A - A VAUGHN USW A as filed with the Railroad Commission of Texas
OperatorBurlington Resources O & G Co LP
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number292043
Wellbores1
Reported production986,433 mcf
First reported
Last reported
Estimated royalty value$2.8M

Where SPEARY A - A VAUGHN USW 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.