WHEELER
WHEELER is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Spindletop Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 13,808 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 $10K, with roughly $2K expected over the next twelve months.
| Operator | Spindletop Oil & Gas Company |
|---|---|
| Field | Martin (Consolidated) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 40122 |
| Wellbores | 1 |
| Reported production | 13,808 bbl |
| First reported | June 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $10K |
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.