SPIVEY "A"
SPIVEY "A" is a Texas oil lease in Young County, Railroad Commission district 09, operated by Farmer, Lewis & Hayden. It has 9 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 94,986 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 $239K, with roughly $46K 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 64 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was August 2023, at 391 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 SPIVEY "A"
- Who operates SPIVEY "A"?
- SPIVEY "A" is operated by Farmer, Lewis & Hayden, Railroad Commission of Texas operator number 262522.
- Where is SPIVEY "A"?
- SPIVEY "A" is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30865.
- Is SPIVEY "A" still producing?
- SPIVEY "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPIVEY "A" is August 2026.
- How much has SPIVEY "A" produced?
- SPIVEY "A" has reported 94,986 barrels of oil (bbl) to the Railroad Commission of Texas between September 2007 and August 2026, from 9 wellbores.
- How much is SPIVEY "A" worth?
- The remaining production from SPIVEY "A" is estimated to be worth about $239K in total as of 26 August 2026, within a range of $131K to $347K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPIVEY "A" is a fraction of it. The estimate fits an Arps decline curve to the production SPIVEY "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPIVEY "A" is an estimate of value, not an offer and not an appraisal.
- How much income does SPIVEY "A" generate in a year?
- SPIVEY "A" is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPIVEY "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Farmer, Lewis & Hayden |
|---|---|
| Field | Y-B (Gunsight, Upper) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 30865 |
| Wellbores | 9 |
| Reported production | 94,986 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $239K |
Where SPIVEY "A" 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.