SPONBERG, J. O.
SPONBERG, J. O. is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Pennzoil Exploration & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 751,721 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 $138K, with roughly $24K 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 1,137 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 1,969 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 SPONBERG, J. O.
- Who operates SPONBERG, J. O.?
- SPONBERG, J. O. is operated by Pennzoil Exploration & Prod. Co., Railroad Commission of Texas operator number 652352.
- Where is SPONBERG, J. O.?
- SPONBERG, J. O. is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 092030.
- Is SPONBERG, J. O. still producing?
- SPONBERG, J. O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPONBERG, J. O. is August 2026.
- How much has SPONBERG, J. O. produced?
- SPONBERG, J. O. has reported 751,721 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SPONBERG, J. O. worth?
- The remaining production from SPONBERG, J. O. is estimated to be worth about $138K in total as of 27 August 2026, within a range of $114K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPONBERG, J. O. is a fraction of it. The estimate fits an Arps decline curve to the production SPONBERG, J. O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPONBERG, J. O. is an estimate of value, not an offer and not an appraisal.
- How much income does SPONBERG, J. O. generate in a year?
- SPONBERG, J. O. is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPONBERG, J. O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Exploration & Prod. Co. |
|---|---|
| Field | Agua Dulce (6550) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 092030 |
| Wellbores | 1 |
| Reported production | 751,721 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where SPONBERG, J. O. 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.