SPRENCEL "A" UNIT
SPRENCEL "A" UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 6 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 821,180 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 $730K, with roughly $123K 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 114 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was October 2021, at 1,722 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 SPRENCEL "A" UNIT
- Who operates SPRENCEL "A" UNIT?
- SPRENCEL "A" UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is SPRENCEL "A" UNIT?
- SPRENCEL "A" UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09832.
- Is SPRENCEL "A" UNIT still producing?
- SPRENCEL "A" UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPRENCEL "A" UNIT is August 2026.
- How much has SPRENCEL "A" UNIT produced?
- SPRENCEL "A" UNIT has reported 821,180 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 6 wellbores.
- How much is SPRENCEL "A" UNIT worth?
- The remaining production from SPRENCEL "A" UNIT is estimated to be worth about $730K in total as of 26 August 2026, within a range of $570K to $891K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPRENCEL "A" UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPRENCEL "A" UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPRENCEL "A" UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPRENCEL "A" UNIT generate in a year?
- SPRENCEL "A" UNIT is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPRENCEL "A" UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09832 |
| Wellbores | 6 |
| Reported production | 821,180 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $730K |
Where SPRENCEL "A" 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.