SPUDDER FLATS
SPUDDER FLATS is a Texas oil lease in Crockett County, Railroad Commission district 08, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 7,344 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 $156K, with roughly $30K 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 36 barrels a month. Its strongest month on the record we hold was June 2017, at 303 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 SPUDDER FLATS
- Who operates SPUDDER FLATS?
- SPUDDER FLATS is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is SPUDDER FLATS?
- SPUDDER FLATS is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47950.
- Is SPUDDER FLATS still producing?
- SPUDDER FLATS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPUDDER FLATS is August 2026.
- How much has SPUDDER FLATS produced?
- SPUDDER FLATS has reported 7,344 barrels of oil (bbl) to the Railroad Commission of Texas between October 2015 and August 2026, from 1 wellbore.
- How much is SPUDDER FLATS worth?
- The remaining production from SPUDDER FLATS is estimated to be worth about $156K in total as of 27 August 2026, within a range of $86K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPUDDER FLATS is a fraction of it. The estimate fits an Arps decline curve to the production SPUDDER FLATS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPUDDER FLATS is an estimate of value, not an offer and not an appraisal.
- How much income does SPUDDER FLATS generate in a year?
- SPUDDER FLATS is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPUDDER FLATS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Brown & Thorp, East (Tubb) |
| County | Crockett County, Texas |
| RRC district | 08 |
| Lease number | 47950 |
| Wellbores | 1 |
| Reported production | 7,344 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $156K |
Where SPUDDER FLATS 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.