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 - Apr 2025
Total Oil Production1,375,529 BBLs
Total Gas Production1,992,983 MCF
Recent Oil Production70,923 BBLs in Mar 2025
Recent Gas Production275,643 MCF in Mar 2025
Wells on Property7

Our Valuation Estimates for Spendlove Unit

ShaleAssessment

$17,901 *

MarketMultiple

$18,433,854 **

* 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 Apr 2025

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, TX7,856 BBLs4,251 MCFApr 2025
Bench Lake Farms UnitKarnes County, TX762 BBLs0 MCFApr 2025
Brysch-KitKarnes County, TX22,945 BBLs80,501 MCFApr 2025
Combs UnitKarnes County, TX712 BBLs0 MCFApr 2025
Ecleto Partnership UnitKarnes County, TX7,199 BBLs19,845 MCFApr 2025
Grose A-Karnes B UswKarnes County, TX12,223 BBLs31,375 MCFApr 2025
J Wiatrek UnitKarnes County, TX380 BBLs770 MCFApr 2025
Janysek Unit AKarnes County, TX3,482 BBLs14,872 MCFApr 2025
Kat UnitKarnes County, TX449 BBLs352 MCFApr 2025
Latka UnitKarnes County, TX9,447 BBLs2,411 MCFApr 2025
Leo Frank UnitKarnes County, TX13,769 BBLs22,757 MCFApr 2025
MoravitsKarnes County, TX6,251 BBLs10,130 MCFApr 2025
Naranjo-K South UswKarnes County, TX11,925 BBLs24,195 MCFApr 2025
Naranjo-Peter-KS Ulw AKarnes County, TX21,430 BBLs62,422 MCFApr 2025
SchendelKarnes County, TX5,619 BBLs4,855 MCFApr 2025
Smith UnitKarnes County, TX718 BBLs0 MCFApr 2025
Tennant Unit AKarnes County, TX185 BBLs31 MCFApr 2025
Turner UnitKarnes County, TX1,262 BBLs0 MCFMar 2025
WhitfieldKarnes County, TX3,708 BBLs2,263 MCFApr 2025
Yanta NorthKarnes County, TX18,284 BBLs39,882 MCFApr 2025

Frac'ing activity on Spendlove Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-255-32177Spendlove 1H
42-255-32177Spendlove 1H
42-255-37986Spendlove 2H
42-255-37987Spendlove 3H
42-255-37988Spendlove 4H
42-255-37989Spendlove 5H
42-255-37990Spendlove 6H
42-255-37991Spendlove 7H

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 UNITApr 20251776 ENERGY OPERATORS, LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITApr 2025PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITApr 2025DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMar 20251776 ENERGY OPERATORS, LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMar 2025PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITMar 2025DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITFeb 20251776 ENERGY OPERATORS, LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITFeb 2025PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITFeb 2025DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJan 2025KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJan 2025PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITJan 2025DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITDec 2024KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITDec 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITDec 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITNov 2024KINDER MORGAN CRUDE MARKETING LLC1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITNov 2024PHILLIPS 66 COMPANY1776 ENERGY OPERATORS, LLC
02-10404SPENDLOVE UNITNov 2024DCP OPERATING COMPANY, LP1776 ENERGY OPERATORS, LLC
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