OVERBEY
OVERBEY is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Spruiell Drilling Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 11,671 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 $133K, with roughly $26K 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 67 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was May 2018, at 347 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 OVERBEY
- Who operates OVERBEY?
- OVERBEY is operated by Spruiell Drilling Co., Inc., Railroad Commission of Texas operator number 810651.
- Where is OVERBEY?
- OVERBEY is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33751.
- Is OVERBEY still producing?
- OVERBEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OVERBEY is August 2026.
- How much has OVERBEY produced?
- OVERBEY has reported 11,671 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 2 wellbores.
- How much is OVERBEY worth?
- The remaining production from OVERBEY is estimated to be worth about $133K in total as of 27 August 2026, within a range of $73K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERBEY is a fraction of it. The estimate fits an Arps decline curve to the production OVERBEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OVERBEY is an estimate of value, not an offer and not an appraisal.
- How much income does OVERBEY generate in a year?
- OVERBEY is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OVERBEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spruiell Drilling Co., Inc. |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 33751 |
| Wellbores | 2 |
| Reported production | 11,671 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $133K |
Where OVERBEY 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.