SPENCE ESTATE
SPENCE ESTATE is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Cabana Oil Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,391,293 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 $2K, with roughly $359 expected over the next twelve months.
| Operator | Cabana Oil Corp. |
|---|---|
| Field | Jan-Jerrye, Se. (Canyon Reef) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 082108 |
| Wellbores | 1 |
| Reported production | 1,391,293 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.