SPRUCE STATE UNIT

SPRUCE STATE UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,472,222 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 $117K, with roughly $44K expected over the next twelve months.

OperatorApache Corporation
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number290185
Wellbores1
Reported production1,472,222 mcf
First reportedOctober 2019
Last reportedAugust 2026
Estimated royalty value$117K

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.