SPR-KOPAS
SPR-KOPAS 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 December 2022 to August 2026, totalling 138,065 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 $413K, with roughly $284K 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 619 barrels a month. Its strongest month on the record we hold was March 2023, at 18,504 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 SPR-KOPAS
- Who operates SPR-KOPAS?
- SPR-KOPAS is operated by Grit Oil & Gas Management, LLC, Railroad Commission of Texas operator number 334912.
- Where is SPR-KOPAS?
- SPR-KOPAS is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20833.
- Is SPR-KOPAS still producing?
- SPR-KOPAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPR-KOPAS is August 2026.
- How much has SPR-KOPAS produced?
- SPR-KOPAS has reported 138,065 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is SPR-KOPAS worth?
- The remaining production from SPR-KOPAS is estimated to be worth about $413K in total as of 26 August 2026, within a range of $323K to $504K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPR-KOPAS is a fraction of it. The estimate fits an Arps decline curve to the production SPR-KOPAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPR-KOPAS is an estimate of value, not an offer and not an appraisal.
- How much income does SPR-KOPAS generate in a year?
- SPR-KOPAS is forecast to net about $284K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPR-KOPAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grit Oil & Gas Management, LLC |
|---|---|
| Field | Hugh Fitzsimmons (San Miguel) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 20833 |
| Wellbores | 1 |
| Reported production | 138,065 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $413K |
Where SPR-KOPAS 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.