SOUTH SPUR STATE
SOUTH SPUR STATE is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Anadarko E&P Company LP. It has 4 wellbores on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 232,287 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 $1.3M, with roughly $225K 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 268 barrels a month, about 67 per wellbore. Its strongest month on the record we hold was October 2018, at 2,032 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 SOUTH SPUR STATE
- Who operates SOUTH SPUR STATE?
- SOUTH SPUR STATE is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is SOUTH SPUR STATE?
- SOUTH SPUR STATE is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15207.
- Is SOUTH SPUR STATE still producing?
- SOUTH SPUR STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH SPUR STATE is August 2026.
- How much has SOUTH SPUR STATE produced?
- SOUTH SPUR STATE has reported 232,287 barrels of oil (bbl) to the Railroad Commission of Texas between April 2010 and August 2026, from 4 wellbores.
- How much is SOUTH SPUR STATE worth?
- The remaining production from SOUTH SPUR STATE is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $991K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH SPUR STATE is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH SPUR STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH SPUR STATE is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH SPUR STATE generate in a year?
- SOUTH SPUR STATE is forecast to net about $225K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTH SPUR STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15207 |
| Wellbores | 4 |
| Reported production | 232,287 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SOUTH SPUR STATE 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.