STATE SAPULPA
STATE SAPULPA is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Space Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,264 barrels. The lease is intermittent. 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 $118K, with roughly $23K 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 10 barrels a month. Its strongest month on the record we hold was March 2019, at 101 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 STATE SAPULPA
- Who operates STATE SAPULPA?
- STATE SAPULPA is operated by Space Production Inc., Railroad Commission of Texas operator number 807147.
- Where is STATE SAPULPA?
- STATE SAPULPA is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 09643.
- Is STATE SAPULPA still producing?
- STATE SAPULPA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STATE SAPULPA is August 2026.
- How much has STATE SAPULPA produced?
- STATE SAPULPA has reported 23,264 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STATE SAPULPA worth?
- The remaining production from STATE SAPULPA is estimated to be worth about $118K in total as of 27 August 2026, within a range of $65K to $170K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE SAPULPA is a fraction of it. The estimate fits an Arps decline curve to the production STATE SAPULPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE SAPULPA is an estimate of value, not an offer and not an appraisal.
- How much income does STATE SAPULPA generate in a year?
- STATE SAPULPA is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE SAPULPA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Space Production Inc. |
|---|---|
| Field | T. E. Bar (San Andres) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 09643 |
| Wellbores | 1 |
| Reported production | 23,264 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where STATE SAPULPA 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.