SPENCER "999"
SPENCER "999" is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 262,588 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 $23K, with roughly $6K expected over the next twelve months.
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08032 |
| Wellbores | 3 |
| Reported production | 262,588 bbl |
| First reported | September 2009 |
| Last reported | August 2026 |
| Estimated royalty value | $23K |
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.