SPITZENBERGER EF A

SPITZENBERGER EF A is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Sage Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 201,826 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 $10.5M, with roughly $3.6M 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 7,983 barrels a month. Its strongest month on the record we hold was November 2024, at 22,396 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SPITZENBERGER EF A

Who operates SPITZENBERGER EF A?
SPITZENBERGER EF A is operated by Sage Natural Resources LLC, Railroad Commission of Texas operator number 743223.
Where is SPITZENBERGER EF A?
SPITZENBERGER EF A is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28186.
Is SPITZENBERGER EF A still producing?
SPITZENBERGER EF A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPITZENBERGER EF A is August 2026.
How much has SPITZENBERGER EF A produced?
SPITZENBERGER EF A has reported 201,826 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
How much is SPITZENBERGER EF A worth?
The remaining production from SPITZENBERGER EF A is estimated to be worth about $10.5M in total as of 26 August 2026, within a range of $8.7M to $12.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPITZENBERGER EF A is a fraction of it. The estimate fits an Arps decline curve to the production SPITZENBERGER EF A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPITZENBERGER EF A is an estimate of value, not an offer and not an appraisal.
How much income does SPITZENBERGER EF A generate in a year?
SPITZENBERGER EF A is forecast to net about $3.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPITZENBERGER EF A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SPITZENBERGER EF A as filed with the Railroad Commission of Texas
OperatorSage Natural Resources LLC
FieldGiddings (Eagleford)
CountyLee County, Texas
RRC district03
Lease number28186
Wellbores1
Reported production201,826 bbl
First reported
Last reported
Estimated royalty value$10.5M

Where SPITZENBERGER EF A 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.