SPEER, ORAN
SPEER, ORAN is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from July 1993 to August 2026, totalling 46,827 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 $7K, with roughly $1K expected over the next twelve months.
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Alvord, South (Caddo Lime) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 28612 |
| Wellbores | 2 |
| Reported production | 46,827 bbl |
| First reported | July 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.