SPADE D
SPADE D is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Canan Mowrey Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 266,374 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 $1.9M, with roughly $547K 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 828 barrels a month, about 414 per wellbore. Its strongest month on the record we hold was May 2016, at 2,104 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 SPADE D
- Who operates SPADE D?
- SPADE D is operated by Canan Mowrey Operating, LLC, Railroad Commission of Texas operator number 129008.
- Where is SPADE D?
- SPADE D is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70020.
- Is SPADE D still producing?
- SPADE D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPADE D is August 2026.
- How much has SPADE D produced?
- SPADE D has reported 266,374 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 2 wellbores.
- How much is SPADE D worth?
- The remaining production from SPADE D is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPADE D is a fraction of it. The estimate fits an Arps decline curve to the production SPADE D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPADE D is an estimate of value, not an offer and not an appraisal.
- How much income does SPADE D generate in a year?
- SPADE D is forecast to net about $547K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPADE D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Mowrey Operating, LLC |
|---|---|
| Field | Ace Of Spades (Strawn) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 70020 |
| Wellbores | 2 |
| Reported production | 266,374 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where SPADE D 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.