SPANISH TRAIL 3-10 A16
SPANISH TRAIL 3-10 A16 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 30,246 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 $863K, with roughly $379K 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 562 barrels a month. Its strongest month on the record we hold was June 2023, at 1,685 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 SPANISH TRAIL 3-10 A16
- Who operates SPANISH TRAIL 3-10 A16?
- SPANISH TRAIL 3-10 A16 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is SPANISH TRAIL 3-10 A16?
- SPANISH TRAIL 3-10 A16 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59557.
- Is SPANISH TRAIL 3-10 A16 still producing?
- SPANISH TRAIL 3-10 A16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPANISH TRAIL 3-10 A16 is August 2026.
- How much has SPANISH TRAIL 3-10 A16 produced?
- SPANISH TRAIL 3-10 A16 has reported 30,246 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is SPANISH TRAIL 3-10 A16 worth?
- The remaining production from SPANISH TRAIL 3-10 A16 is estimated to be worth about $863K in total as of 27 August 2026, within a range of $673K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPANISH TRAIL 3-10 A16 is a fraction of it. The estimate fits an Arps decline curve to the production SPANISH TRAIL 3-10 A16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPANISH TRAIL 3-10 A16 is an estimate of value, not an offer and not an appraisal.
- How much income does SPANISH TRAIL 3-10 A16 generate in a year?
- SPANISH TRAIL 3-10 A16 is forecast to net about $379K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPANISH TRAIL 3-10 A16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 59557 |
| Wellbores | 1 |
| Reported production | 30,246 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $863K |
Where SPANISH TRAIL 3-10 A16 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.