SPANISH TRAIL 47 HZ UNIT
SPANISH TRAIL 47 HZ UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by RSP Permian, LLC. It has 15 wellbores on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 4,111,723 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 $24.8M, with roughly $5.5M 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 5,617 barrels a month, about 374 per wellbore. Its strongest month on the record we hold was September 2018, at 148,543 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SPANISH TRAIL 47 HZ UNIT
- Who operates SPANISH TRAIL 47 HZ UNIT?
- SPANISH TRAIL 47 HZ UNIT is operated by RSP Permian, LLC, Railroad Commission of Texas operator number 732224.
- Where is SPANISH TRAIL 47 HZ UNIT?
- SPANISH TRAIL 47 HZ UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48102.
- Is SPANISH TRAIL 47 HZ UNIT still producing?
- SPANISH TRAIL 47 HZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPANISH TRAIL 47 HZ UNIT is August 2026.
- How much has SPANISH TRAIL 47 HZ UNIT produced?
- SPANISH TRAIL 47 HZ UNIT has reported 4,111,723 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 15 wellbores.
- How much is SPANISH TRAIL 47 HZ UNIT worth?
- The remaining production from SPANISH TRAIL 47 HZ UNIT is estimated to be worth about $24.8M in total as of 26 August 2026, within a range of $20.6M to $29.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPANISH TRAIL 47 HZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPANISH TRAIL 47 HZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPANISH TRAIL 47 HZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPANISH TRAIL 47 HZ UNIT generate in a year?
- SPANISH TRAIL 47 HZ UNIT is forecast to net about $5.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPANISH TRAIL 47 HZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RSP Permian, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48102 |
| Wellbores | 15 |
| Reported production | 4,111,723 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.8M |
Where SPANISH TRAIL 47 HZ 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.