SPRABERRY DRIVER UNIT
SPRABERRY DRIVER UNIT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by PG&E Resources Company. It has 901 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,281,761 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 $126.2M, with roughly $31.5M 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 43,704 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was October 2025, at 66,258 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SPRABERRY DRIVER UNIT
- Who operates SPRABERRY DRIVER UNIT?
- SPRABERRY DRIVER UNIT is operated by PG&E Resources Company, Railroad Commission of Texas operator number 630794.
- Where is SPRABERRY DRIVER UNIT?
- SPRABERRY DRIVER UNIT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 15400.
- Is SPRABERRY DRIVER UNIT still producing?
- SPRABERRY DRIVER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPRABERRY DRIVER UNIT is August 2026.
- How much has SPRABERRY DRIVER UNIT produced?
- SPRABERRY DRIVER UNIT has reported 39,281,761 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 901 wellbores.
- How much is SPRABERRY DRIVER UNIT worth?
- The remaining production from SPRABERRY DRIVER UNIT is estimated to be worth about $126.2M in total as of 27 August 2026, within a range of $103.5M to $148.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPRABERRY DRIVER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPRABERRY DRIVER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPRABERRY DRIVER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPRABERRY DRIVER UNIT generate in a year?
- SPRABERRY DRIVER UNIT is forecast to net about $31.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPRABERRY DRIVER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PG&E Resources Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 15400 |
| Wellbores | 901 |
| Reported production | 39,281,761 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $126.2M |
Where SPRABERRY DRIVER 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.