ESPY 32
ESPY 32 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 360,042 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 $7K, with roughly $907 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 35 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 551 thousand cubic feet. 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 ESPY 32
- Who operates ESPY 32?
- ESPY 32 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is ESPY 32?
- ESPY 32 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 134180.
- Is ESPY 32 still producing?
- ESPY 32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESPY 32 is August 2026.
- How much has ESPY 32 produced?
- ESPY 32 has reported 360,042 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ESPY 32 worth?
- The remaining production from ESPY 32 is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESPY 32 is a fraction of it. The estimate fits an Arps decline curve to the production ESPY 32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESPY 32 is an estimate of value, not an offer and not an appraisal.
- How much income does ESPY 32 generate in a year?
- ESPY 32 is forecast to net about $907 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ESPY 32 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 134180 |
| Wellbores | 1 |
| Reported production | 360,042 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where ESPY 32 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.