SPICER
SPICER is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Spoonemore Brothers. It has 1 wellbore on file with the Commission. Reported production runs from March 2000 to August 2026, totalling 354,876 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 $191K, with roughly $31K 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 1,145 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 1,391 thousand cubic feet. 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 SPICER
- Who operates SPICER?
- SPICER is operated by Spoonemore Brothers, Railroad Commission of Texas operator number 810310.
- Where is SPICER?
- SPICER is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 176605.
- Is SPICER still producing?
- SPICER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPICER is August 2026.
- How much has SPICER produced?
- SPICER has reported 354,876 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2000 and August 2026, from 1 wellbore.
- How much is SPICER worth?
- The remaining production from SPICER is estimated to be worth about $191K in total as of 26 August 2026, within a range of $158K to $223K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPICER is a fraction of it. The estimate fits an Arps decline curve to the production SPICER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPICER is an estimate of value, not an offer and not an appraisal.
- How much income does SPICER generate in a year?
- SPICER is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPICER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spoonemore Brothers |
|---|---|
| Field | Spicer (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 176605 |
| Wellbores | 1 |
| Reported production | 354,876 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $191K |
Where SPICER 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.