DSPAIN -C-
DSPAIN -C- is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Stephens & Johnson Operating Co. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 149,877 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 $1.1M, with roughly $237K 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 319 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was August 2018, at 542 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DSPAIN -C-
- Who operates DSPAIN -C-?
- DSPAIN -C- is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is DSPAIN -C-?
- DSPAIN -C- is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01428.
- Is DSPAIN -C- still producing?
- DSPAIN -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DSPAIN -C- is August 2026.
- How much has DSPAIN -C- produced?
- DSPAIN -C- has reported 149,877 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is DSPAIN -C- worth?
- The remaining production from DSPAIN -C- is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $836K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DSPAIN -C- is a fraction of it. The estimate fits an Arps decline curve to the production DSPAIN -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DSPAIN -C- is an estimate of value, not an offer and not an appraisal.
- How much income does DSPAIN -C- generate in a year?
- DSPAIN -C- is forecast to net about $237K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DSPAIN -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | Panhandle Wheeler County Field |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 01428 |
| Wellbores | 8 |
| Reported production | 149,877 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where DSPAIN -C- 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.