EDSALL NO. 7
EDSALL NO. 7 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Spence Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2000 to August 2026, totalling 13,759 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 $26K, with roughly $5K 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 6 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was August 2018, at 78 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 EDSALL NO. 7
- Who operates EDSALL NO. 7?
- EDSALL NO. 7 is operated by Spence Energy Company, Railroad Commission of Texas operator number 809332.
- Where is EDSALL NO. 7?
- EDSALL NO. 7 is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28734.
- Is EDSALL NO. 7 still producing?
- EDSALL NO. 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDSALL NO. 7 is August 2026.
- How much has EDSALL NO. 7 produced?
- EDSALL NO. 7 has reported 13,759 barrels of oil (bbl) to the Railroad Commission of Texas between January 2000 and August 2026, from 2 wellbores.
- How much is EDSALL NO. 7 worth?
- The remaining production from EDSALL NO. 7 is estimated to be worth about $26K in total as of 27 August 2026, within a range of $0 to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDSALL NO. 7 is a fraction of it. The estimate fits an Arps decline curve to the production EDSALL NO. 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDSALL NO. 7 is an estimate of value, not an offer and not an appraisal.
- How much income does EDSALL NO. 7 generate in a year?
- EDSALL NO. 7 is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EDSALL NO. 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spence Energy Company |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 28734 |
| Wellbores | 2 |
| Reported production | 13,759 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where EDSALL NO. 7 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.