SPANISH EYES UNIT
SPANISH EYES UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Abraxas Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 60,984 barrels. 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 $453K, with roughly $87K 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 108 barrels a month. Its strongest month on the record we hold was November 2016, at 533 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SPANISH EYES UNIT
- Who operates SPANISH EYES UNIT?
- SPANISH EYES UNIT is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is SPANISH EYES UNIT?
- SPANISH EYES UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17721.
- Is SPANISH EYES UNIT still producing?
- SPANISH EYES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPANISH EYES UNIT is August 2026.
- How much has SPANISH EYES UNIT produced?
- SPANISH EYES UNIT has reported 60,984 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is SPANISH EYES UNIT worth?
- The remaining production from SPANISH EYES UNIT is estimated to be worth about $453K in total as of 27 August 2026, within a range of $354K to $553K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPANISH EYES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPANISH EYES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPANISH EYES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPANISH EYES UNIT generate in a year?
- SPANISH EYES UNIT is forecast to net about $87K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPANISH EYES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 17721 |
| Wellbores | 1 |
| Reported production | 60,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $453K |
Where SPANISH EYES UNIT 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.