SPACEK
SPACEK is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Summit Resources MGMT., LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 6,195 thousand cubic feet. 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 $785, with roughly $99 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 7 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 172 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SPACEK
- Who operates SPACEK?
- SPACEK is operated by Summit Resources MGMT., LLC., Railroad Commission of Texas operator number 829222.
- Where is SPACEK?
- SPACEK is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 280432.
- Is SPACEK still producing?
- SPACEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPACEK is August 2026.
- How much has SPACEK produced?
- SPACEK has reported 6,195 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is SPACEK worth?
- The remaining production from SPACEK is estimated to be worth about $785 in total as of 26 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPACEK is a fraction of it. The estimate fits an Arps decline curve to the production SPACEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPACEK is an estimate of value, not an offer and not an appraisal.
- How much income does SPACEK generate in a year?
- SPACEK is forecast to net about $99 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPACEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Resources MGMT., LLC. |
|---|---|
| Field | Hooker Creek (Navarro A) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 280432 |
| Wellbores | 1 |
| Reported production | 6,195 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $785 |
Where SPACEK 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.