Spendlove Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Spendlove Unit

CountyKarnes County, TX
Operator1776 ENERGY OPERATORS, LLC
Production DatesJun 2012 - Sep 2024
Total Oil Production591,547 BBLs
Total Gas Production435,896 MCF
Recent Oil Production119,305 BBLs in Aug 2024
Recent Gas Production73,111 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Spendlove Unit

ShaleAssessment

$19,572 *

MarketMultiple

$2,484,447 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Spendlove Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spendlove Unit
from Jun 2012 to Sep 2024

Wells on Spendlove Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-32177SPENDLOVE UNIT 1H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX29.005563-97.797542
42-255-37986SPENDLOVE UNIT 2H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994395-97.787799
42-255-37987SPENDLOVE UNIT 3H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994411-97.787736
42-255-37988SPENDLOVE UNIT 4H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994425-97.787669
42-255-37989SPENDLOVE UNIT 5H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994442-97.787609
42-255-37990SPENDLOVE UNIT 6H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994458-97.787546
42-255-37991SPENDLOVE UNIT 7H1776 ENERGY OPERATORS, LLCProducingKarnes County, TX28.994473-97.787482

Leases included in Spendlove Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-10404SPENDLOVE UNIT1776 ENERGY OPERATORS, LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Spendlove Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atzger UnitKarnes County, TX7,017 BBLs9,000 MCFSep 2024
Bench Lake Farms UnitKarnes County, TX1,060 BBLs0 MCFSep 2024
Brysch-KitKarnes County, TX54,225 BBLs226,664 MCFSep 2024
Combs UnitKarnes County, TX1,021 BBLs217 MCFSep 2024
Ecleto Partnership UnitKarnes County, TX10,037 BBLs27,794 MCFSep 2024
J Wiatrek UnitKarnes County, TX442 BBLs1,412 MCFSep 2024
Janet Ruth Unit AKarnes County, TX288 BBLs469 MCFSep 2024
Janysek Unit AKarnes County, TX4,166 BBLs12,905 MCFSep 2024
Kat UnitKarnes County, TX714 BBLs1,006 MCFSep 2024
Latka UnitKarnes County, TX7,127 BBLs5,680 MCFSep 2024
Leo Frank UnitKarnes County, TX13,075 BBLs21,584 MCFSep 2024
MoravitsKarnes County, TX10,117 BBLs22,817 MCFSep 2024
Naranjo-K South UswKarnes County, TX9,066 BBLs25,567 MCFSep 2024
Naranjo-Peter-KS Ulw AKarnes County, TX2,912 BBLs6,667 MCFSep 2024
SchendelKarnes County, TX6,275 BBLs4,777 MCFSep 2024
Smith UnitKarnes County, TX571 BBLs262 MCFSep 2024
Tennant Unit AKarnes County, TX187 BBLs63 MCFSep 2024
Turner UnitKarnes County, TX1,242 BBLs240 MCFSep 2024
WhitfieldKarnes County, TX3,501 BBLs688 MCFSep 2024
Yanta NorthKarnes County, TX26,558 BBLs48,378 MCFSep 2024

Owners of Spendlove Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20241776 ENERGY OPERATORS LLCSPENDLOVE UNIT #1H1776 ENERGY OPERATOR

Oil & Gas Sales on Spendlove Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-10404SPENDLOVE UNITOct 2024KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITOct 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITOct 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITSep 2024KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITSep 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITSep 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITAug 2024KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITAug 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITAug 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJul 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJul 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITApr 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMar 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITFeb 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITDec 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITNov 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITOct 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITSep 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITAug 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJul 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJun 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMay 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITApr 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMar 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITFeb 2023PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC