SPR-AK B
SPR-AK B is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Grit Oil & Gas Management, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 209,949 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 $7.9M, with roughly $2.7M 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 4,470 barrels a month. Its strongest month on the record we hold was July 2024, at 22,005 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SPR-AK B
- Who operates SPR-AK B?
- SPR-AK B is operated by Grit Oil & Gas Management, LLC, Railroad Commission of Texas operator number 334912.
- Where is SPR-AK B?
- SPR-AK B is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21338.
- Is SPR-AK B still producing?
- SPR-AK B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPR-AK B is August 2026.
- How much has SPR-AK B produced?
- SPR-AK B has reported 209,949 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is SPR-AK B worth?
- The remaining production from SPR-AK B is estimated to be worth about $7.9M in total as of 26 August 2026, within a range of $6.5M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPR-AK B is a fraction of it. The estimate fits an Arps decline curve to the production SPR-AK B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPR-AK B is an estimate of value, not an offer and not an appraisal.
- How much income does SPR-AK B generate in a year?
- SPR-AK B is forecast to net about $2.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPR-AK B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grit Oil & Gas Management, LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 21338 |
| Wellbores | 1 |
| Reported production | 209,949 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where SPR-AK B 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.