SPUR 14 PU
SPUR 14 PU is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 7,576 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 $35K, with roughly $7K 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 10 barrels a month. Its strongest month on the record we hold was October 2022, at 168 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SPUR 14 PU
- Who operates SPUR 14 PU?
- SPUR 14 PU is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is SPUR 14 PU?
- SPUR 14 PU is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70215.
- Is SPUR 14 PU still producing?
- SPUR 14 PU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPUR 14 PU is August 2026.
- How much has SPUR 14 PU produced?
- SPUR 14 PU has reported 7,576 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is SPUR 14 PU worth?
- The remaining production from SPUR 14 PU is estimated to be worth about $35K in total as of 27 August 2026, within a range of $0 to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPUR 14 PU is a fraction of it. The estimate fits an Arps decline curve to the production SPUR 14 PU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPUR 14 PU is an estimate of value, not an offer and not an appraisal.
- How much income does SPUR 14 PU generate in a year?
- SPUR 14 PU is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPUR 14 PU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Sharp Spur (Canyon Reef) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 70215 |
| Wellbores | 1 |
| Reported production | 7,576 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $35K |
Where SPUR 14 PU 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.