SPUR C
SPUR C is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 49,945 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 $441K, with roughly $85K 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 122 barrels a month. Its strongest month on the record we hold was December 2020, at 457 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 SPUR C
- Who operates SPUR C?
- SPUR C is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is SPUR C?
- SPUR C is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70132.
- Is SPUR C still producing?
- SPUR C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPUR C is August 2026.
- How much has SPUR C produced?
- SPUR C has reported 49,945 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is SPUR C worth?
- The remaining production from SPUR C is estimated to be worth about $441K in total as of 27 August 2026, within a range of $344K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPUR C is a fraction of it. The estimate fits an Arps decline curve to the production SPUR C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPUR C is an estimate of value, not an offer and not an appraisal.
- How much income does SPUR C generate in a year?
- SPUR C is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPUR C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Michelle Kay (Cisco) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 70132 |
| Wellbores | 1 |
| Reported production | 49,945 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $441K |
Where SPUR C 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.