SPR

SPR is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Grit Oil & Gas Management, Llc. It has 13 wellbores on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 917,459 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3.1M, with roughly $685K expected over the next twelve months.

OperatorGrit Oil & Gas Management, Llc
FieldBriscoe Ranch (Eagleford)
CountyDimmit County, Texas
RRC district01
Lease number20891
Wellbores13
Reported production917,459 bbl
First reportedDecember 2022
Last reportedAugust 2026
Estimated royalty value$3.1M

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.