SPURGIN, KENNETH
SPURGIN, KENNETH is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Jones Company, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 66,787 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 $293K, with roughly $56K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was January 2021, at 321 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SPURGIN, KENNETH
- Who operates SPURGIN, KENNETH?
- SPURGIN, KENNETH is operated by Jones Company, Ltd., Railroad Commission of Texas operator number 441040.
- Where is SPURGIN, KENNETH?
- SPURGIN, KENNETH is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 19516.
- Is SPURGIN, KENNETH still producing?
- SPURGIN, KENNETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPURGIN, KENNETH is August 2026.
- How much has SPURGIN, KENNETH produced?
- SPURGIN, KENNETH has reported 66,787 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SPURGIN, KENNETH worth?
- The remaining production from SPURGIN, KENNETH is estimated to be worth about $293K in total as of 27 August 2026, within a range of $161K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPURGIN, KENNETH is a fraction of it. The estimate fits an Arps decline curve to the production SPURGIN, KENNETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPURGIN, KENNETH is an estimate of value, not an offer and not an appraisal.
- How much income does SPURGIN, KENNETH generate in a year?
- SPURGIN, KENNETH is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPURGIN, KENNETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Company, Ltd. |
|---|---|
| Field | Spurgin (Congl.-2d) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 19516 |
| Wellbores | 2 |
| Reported production | 66,787 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $293K |
Where SPURGIN, KENNETH 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.