SPEARMAN 23
SPEARMAN 23 is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Kog Energy Llc. It has 3 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 1,136,758 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 $71K, with roughly $31K expected over the next twelve months.
| Operator | Kog Energy Llc |
|---|---|
| Field | Hoover, Ne (Granite Wash) |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 09396 |
| Wellbores | 3 |
| Reported production | 1,136,758 bbl |
| First reported | October 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $71K |
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.