SPRINGER S UNIT
SPRINGER S UNIT is a Texas oil lease in King County, Railroad Commission district 8A, operated by Wheat, Buck Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 39,440 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 $69K, with roughly $13K 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 20 barrels a month. Its strongest month on the record we hold was August 2022, at 160 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SPRINGER S UNIT
- Who operates SPRINGER S UNIT?
- SPRINGER S UNIT is operated by Wheat, Buck Resources, Inc., Railroad Commission of Texas operator number 913972.
- Where is SPRINGER S UNIT?
- SPRINGER S UNIT is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68661.
- Is SPRINGER S UNIT still producing?
- SPRINGER S UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPRINGER S UNIT is August 2026.
- How much has SPRINGER S UNIT produced?
- SPRINGER S UNIT has reported 39,440 barrels of oil (bbl) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
- How much is SPRINGER S UNIT worth?
- The remaining production from SPRINGER S UNIT is estimated to be worth about $69K in total as of 26 August 2026, within a range of $38K to $100K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPRINGER S UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPRINGER S UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPRINGER S UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPRINGER S UNIT generate in a year?
- SPRINGER S UNIT is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPRINGER S UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheat, Buck Resources, Inc. |
|---|---|
| Field | Christopher (Lower Tannehill) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 68661 |
| Wellbores | 1 |
| Reported production | 39,440 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where SPRINGER S 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.