SPIRE 226-34 UNIT
SPIRE 226-34 UNIT is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Advance Energy Partners, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 3,107,922 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 $3.8M, with roughly $922K 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 15,270 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 300,744 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 SPIRE 226-34 UNIT
- Who operates SPIRE 226-34 UNIT?
- SPIRE 226-34 UNIT is operated by Advance Energy Partners, LLC, Railroad Commission of Texas operator number 008481.
- Where is SPIRE 226-34 UNIT?
- SPIRE 226-34 UNIT is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289424.
- Is SPIRE 226-34 UNIT still producing?
- SPIRE 226-34 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPIRE 226-34 UNIT is August 2026.
- How much has SPIRE 226-34 UNIT produced?
- SPIRE 226-34 UNIT has reported 3,107,922 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is SPIRE 226-34 UNIT worth?
- The remaining production from SPIRE 226-34 UNIT is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.1M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPIRE 226-34 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPIRE 226-34 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPIRE 226-34 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPIRE 226-34 UNIT generate in a year?
- SPIRE 226-34 UNIT is forecast to net about $922K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SPIRE 226-34 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Advance Energy Partners, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 289424 |
| Wellbores | 1 |
| Reported production | 3,107,922 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where SPIRE 226-34 UNIT 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.