SPELL, K. C.
SPELL, K. C. is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Odom, Eddie J. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,767 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 $52K, with roughly $10K 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 13 barrels a month. Its strongest month on the record we hold was June 2018, at 76 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, K. C.
- Who operates SPELL, K. C.?
- SPELL, K. C. is operated by Odom, Eddie J., Railroad Commission of Texas operator number 618380.
- Where is SPELL, K. C.?
- SPELL, K. C. is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21006.
- Is SPELL, K. C. still producing?
- SPELL, K. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPELL, K. C. is August 2026.
- How much has SPELL, K. C. produced?
- SPELL, K. C. has reported 8,767 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SPELL, K. C. worth?
- The remaining production from SPELL, K. C. is estimated to be worth about $52K in total as of 26 August 2026, within a range of $28K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPELL, K. C. is a fraction of it. The estimate fits an Arps decline curve to the production SPELL, K. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPELL, K. C. is an estimate of value, not an offer and not an appraisal.
- How much income does SPELL, K. C. generate in a year?
- SPELL, K. C. is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPELL, K. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Odom, Eddie J. |
|---|---|
| Field | Roberdeau, S. (Clear Fork Lower) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 21006 |
| Wellbores | 1 |
| Reported production | 8,767 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where SPELL, K. C. 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.