MACY LOTT SPRABERRY UNIT
MACY LOTT SPRABERRY UNIT is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Shenandoah Petroleum Corporation. It has 39 wellbores on file with the Commission. Reported production runs from December 1999 to August 2026, totalling 1,471,736 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 $4.2M, with roughly $943K 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 1,346 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was June 2021, at 3,522 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 MACY LOTT SPRABERRY UNIT
- Who operates MACY LOTT SPRABERRY UNIT?
- MACY LOTT SPRABERRY UNIT is operated by Shenandoah Petroleum Corporation, Railroad Commission of Texas operator number 775563.
- Where is MACY LOTT SPRABERRY UNIT?
- MACY LOTT SPRABERRY UNIT is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68150.
- Is MACY LOTT SPRABERRY UNIT still producing?
- MACY LOTT SPRABERRY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MACY LOTT SPRABERRY UNIT is August 2026.
- How much has MACY LOTT SPRABERRY UNIT produced?
- MACY LOTT SPRABERRY UNIT has reported 1,471,736 barrels of oil (bbl) to the Railroad Commission of Texas between December 1999 and August 2026, from 39 wellbores.
- How much is MACY LOTT SPRABERRY UNIT worth?
- The remaining production from MACY LOTT SPRABERRY UNIT is estimated to be worth about $4.2M in total as of 27 August 2026, within a range of $3.5M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MACY LOTT SPRABERRY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MACY LOTT SPRABERRY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MACY LOTT SPRABERRY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MACY LOTT SPRABERRY UNIT generate in a year?
- MACY LOTT SPRABERRY UNIT is forecast to net about $943K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MACY LOTT SPRABERRY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shenandoah Petroleum Corporation |
|---|---|
| Field | Lazy -JL- (Spraberry, Lo.) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68150 |
| Wellbores | 39 |
| Reported production | 1,471,736 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where MACY LOTT SPRABERRY UNIT 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.