SPARTAN 58-2-23
SPARTAN 58-2-23 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 2,583,725 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 $7.7M, with roughly $1.7M 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 13,667 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 115,763 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SPARTAN 58-2-23
- Who operates SPARTAN 58-2-23?
- SPARTAN 58-2-23 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is SPARTAN 58-2-23?
- SPARTAN 58-2-23 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283223.
- Is SPARTAN 58-2-23 still producing?
- SPARTAN 58-2-23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPARTAN 58-2-23 is August 2026.
- How much has SPARTAN 58-2-23 produced?
- SPARTAN 58-2-23 has reported 2,583,725 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2017 and August 2026, from 1 wellbore.
- How much is SPARTAN 58-2-23 worth?
- The remaining production from SPARTAN 58-2-23 is estimated to be worth about $7.7M in total as of 27 August 2026, within a range of $6.3M to $9.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPARTAN 58-2-23 is a fraction of it. The estimate fits an Arps decline curve to the production SPARTAN 58-2-23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPARTAN 58-2-23 is an estimate of value, not an offer and not an appraisal.
- How much income does SPARTAN 58-2-23 generate in a year?
- SPARTAN 58-2-23 is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPARTAN 58-2-23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283223 |
| Wellbores | 1 |
| Reported production | 2,583,725 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.7M |
Where SPARTAN 58-2-23 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.