SPENCER SOUTH 7
SPENCER SOUTH 7 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 28,252 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 $263K, with roughly $45K 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 63 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was May 2025, at 182 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 SPENCER SOUTH 7
- Who operates SPENCER SOUTH 7?
- SPENCER SOUTH 7 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is SPENCER SOUTH 7?
- SPENCER SOUTH 7 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44437.
- Is SPENCER SOUTH 7 still producing?
- SPENCER SOUTH 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPENCER SOUTH 7 is August 2026.
- How much has SPENCER SOUTH 7 produced?
- SPENCER SOUTH 7 has reported 28,252 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 3 wellbores.
- How much is SPENCER SOUTH 7 worth?
- The remaining production from SPENCER SOUTH 7 is estimated to be worth about $263K in total as of 26 August 2026, within a range of $145K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPENCER SOUTH 7 is a fraction of it. The estimate fits an Arps decline curve to the production SPENCER SOUTH 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPENCER SOUTH 7 is an estimate of value, not an offer and not an appraisal.
- How much income does SPENCER SOUTH 7 generate in a year?
- SPENCER SOUTH 7 is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPENCER SOUTH 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 44437 |
| Wellbores | 3 |
| Reported production | 28,252 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where SPENCER SOUTH 7 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.