MAPACHE GRANDE 002
MAPACHE GRANDE 002 is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Three Span Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 238,716 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 $4.7M, with roughly $1.5M 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 2,832 barrels a month. Its strongest month on the record we hold was October 2023, at 12,363 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 MAPACHE GRANDE 002
- Who operates MAPACHE GRANDE 002?
- MAPACHE GRANDE 002 is operated by Three Span Oil & Gas, Inc., Railroad Commission of Texas operator number 857911.
- Where is MAPACHE GRANDE 002?
- MAPACHE GRANDE 002 is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59907.
- Is MAPACHE GRANDE 002 still producing?
- MAPACHE GRANDE 002 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAPACHE GRANDE 002 is August 2026.
- How much has MAPACHE GRANDE 002 produced?
- MAPACHE GRANDE 002 has reported 238,716 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 1 wellbore.
- How much is MAPACHE GRANDE 002 worth?
- The remaining production from MAPACHE GRANDE 002 is estimated to be worth about $4.7M in total as of 26 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAPACHE GRANDE 002 is a fraction of it. The estimate fits an Arps decline curve to the production MAPACHE GRANDE 002 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAPACHE GRANDE 002 is an estimate of value, not an offer and not an appraisal.
- How much income does MAPACHE GRANDE 002 generate in a year?
- MAPACHE GRANDE 002 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAPACHE GRANDE 002 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three Span Oil & Gas, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 59907 |
| Wellbores | 1 |
| Reported production | 238,716 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where MAPACHE GRANDE 002 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.