SPARKS, T E
SPARKS, T E is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Exxon Corp. It has 6 wellbores on file with the Commission. Reported production runs from February 1995 to August 2026, totalling 296,486 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 $4.9M, with roughly $2.1M 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 3,942 barrels a month, about 657 per wellbore. Its strongest month on the record we hold was November 2024, at 7,197 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 SPARKS, T E
- Who operates SPARKS, T E?
- SPARKS, T E is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is SPARKS, T E?
- SPARKS, T E is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67359.
- Is SPARKS, T E still producing?
- SPARKS, T E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPARKS, T E is August 2026.
- How much has SPARKS, T E produced?
- SPARKS, T E has reported 296,486 barrels of oil (bbl) to the Railroad Commission of Texas between February 1995 and August 2026, from 6 wellbores.
- How much is SPARKS, T E worth?
- The remaining production from SPARKS, T E is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.1M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPARKS, T E is a fraction of it. The estimate fits an Arps decline curve to the production SPARKS, T E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPARKS, T E is an estimate of value, not an offer and not an appraisal.
- How much income does SPARKS, T E generate in a year?
- SPARKS, T E is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPARKS, T E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Jenkins, North (Queen) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67359 |
| Wellbores | 6 |
| Reported production | 296,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where SPARKS, T E 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.