SNAVELY HEIRS
SNAVELY HEIRS is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by American Exploration Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 260,726 barrels. 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 $31K, with roughly $7K expected over the next twelve months.
| Operator | American Exploration Company |
|---|---|
| Field | Gladewater, E. (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 12229 |
| Wellbores | 2 |
| Reported production | 260,726 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $31K |
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.