SPELL, EMMA
SPELL, EMMA is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Frontier Operating Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,778 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 $177K, with roughly $34K 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 37 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was March 2020, at 109 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SPELL, EMMA
- Who operates SPELL, EMMA?
- SPELL, EMMA is operated by Frontier Operating Corporation, Railroad Commission of Texas operator number 287189.
- Where is SPELL, EMMA?
- SPELL, EMMA is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 19049.
- Is SPELL, EMMA still producing?
- SPELL, EMMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPELL, EMMA is August 2026.
- How much has SPELL, EMMA produced?
- SPELL, EMMA has reported 23,778 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SPELL, EMMA worth?
- The remaining production from SPELL, EMMA is estimated to be worth about $177K in total as of 27 August 2026, within a range of $97K to $257K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPELL, EMMA is a fraction of it. The estimate fits an Arps decline curve to the production SPELL, EMMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPELL, EMMA is an estimate of value, not an offer and not an appraisal.
- How much income does SPELL, EMMA generate in a year?
- SPELL, EMMA is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPELL, EMMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Frontier Operating Corporation |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 19049 |
| Wellbores | 2 |
| Reported production | 23,778 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $177K |
Where SPELL, EMMA 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.