SPEER
SPEER is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Rainbow Seven Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 30,111 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 a standard royalty share at about $3K, with roughly $644 expected over the next twelve months.
| Operator | Rainbow Seven Oil & Gas, Inc. |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 283556 |
| Wellbores | 1 |
| Reported production | 30,111 mcf |
| First reported | November 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.