SPAIN -D- T.J.
SPAIN -D- T.J. is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Price, L. H. & Ola LV. TR. Of. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 28,075 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 $129K, with roughly $25K 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 35 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was December 2018, at 291 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 SPAIN -D- T.J.
- Who operates SPAIN -D- T.J.?
- SPAIN -D- T.J. is operated by Price, L. H. & Ola LV. TR. Of, Railroad Commission of Texas operator number 676860.
- Where is SPAIN -D- T.J.?
- SPAIN -D- T.J. is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01399.
- Is SPAIN -D- T.J. still producing?
- SPAIN -D- T.J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPAIN -D- T.J. is August 2026.
- How much has SPAIN -D- T.J. produced?
- SPAIN -D- T.J. has reported 28,075 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is SPAIN -D- T.J. worth?
- The remaining production from SPAIN -D- T.J. is estimated to be worth about $129K in total as of 27 August 2026, within a range of $71K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPAIN -D- T.J. is a fraction of it. The estimate fits an Arps decline curve to the production SPAIN -D- T.J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPAIN -D- T.J. is an estimate of value, not an offer and not an appraisal.
- How much income does SPAIN -D- T.J. generate in a year?
- SPAIN -D- T.J. is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPAIN -D- T.J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Price, L. H. & Ola LV. TR. Of |
|---|---|
| Field | Panhandle Wheeler County Field |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 01399 |
| Wellbores | 4 |
| Reported production | 28,075 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where SPAIN -D- T.J. 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.