SPARKY
SPARKY is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 307,063 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 $5.3M, with roughly $1.6M 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 2,640 barrels a month. Its strongest month on the record we hold was March 2023, at 19,596 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 SPARKY
- Who operates SPARKY?
- SPARKY is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is SPARKY?
- SPARKY is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28079.
- Is SPARKY still producing?
- SPARKY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPARKY is August 2026.
- How much has SPARKY produced?
- SPARKY has reported 307,063 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is SPARKY worth?
- The remaining production from SPARKY is estimated to be worth about $5.3M in total as of 26 August 2026, within a range of $4.4M to $6.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPARKY is a fraction of it. The estimate fits an Arps decline curve to the production SPARKY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPARKY is an estimate of value, not an offer and not an appraisal.
- How much income does SPARKY generate in a year?
- SPARKY is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPARKY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 28079 |
| Wellbores | 1 |
| Reported production | 307,063 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.3M |
Where SPARKY 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.