SMITH (SPRABERRY) UNIT
SMITH (SPRABERRY) UNIT is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Estancia Oil & Gas, LLC. It has 11 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 125,664 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 $2.3M, with roughly $514K 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 694 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was July 2019, at 3,138 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SMITH (SPRABERRY) UNIT
- Who operates SMITH (SPRABERRY) UNIT?
- SMITH (SPRABERRY) UNIT is operated by Estancia Oil & Gas, LLC, Railroad Commission of Texas operator number 254455.
- Where is SMITH (SPRABERRY) UNIT?
- SMITH (SPRABERRY) UNIT is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70065.
- Is SMITH (SPRABERRY) UNIT still producing?
- SMITH (SPRABERRY) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH (SPRABERRY) UNIT is August 2026.
- How much has SMITH (SPRABERRY) UNIT produced?
- SMITH (SPRABERRY) UNIT has reported 125,664 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 11 wellbores.
- How much is SMITH (SPRABERRY) UNIT worth?
- The remaining production from SMITH (SPRABERRY) UNIT is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH (SPRABERRY) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMITH (SPRABERRY) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH (SPRABERRY) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH (SPRABERRY) UNIT generate in a year?
- SMITH (SPRABERRY) UNIT is forecast to net about $514K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH (SPRABERRY) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Estancia Oil & Gas, LLC |
|---|---|
| Field | Smith (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 70065 |
| Wellbores | 11 |
| Reported production | 125,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where SMITH (SPRABERRY) UNIT 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.