SPEARMAN 23
SPEARMAN 23 is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Seek Energy, Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 15,857 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 $17K, with roughly $3K expected over the next twelve months.
| Operator | Seek Energy, Llc |
|---|---|
| Field | Hoover, Ne (Virgil) |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 09677 |
| Wellbores | 1 |
| Reported production | 15,857 bbl |
| First reported | November 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $17K |
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.