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 - Jan 2025
Total Oil Production1,175,573 BBLs
Total Gas Production1,246,736 MCF
Recent Oil Production125,945 BBLs in Dec 2024
Recent Gas Production204,221 MCF in Dec 2024
Wells on Property7

Our Valuation Estimates for Spendlove Unit

ShaleAssessment

$18,544 *

MarketMultiple

$14,824,491 **

* 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 Jan 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, TX8,052 BBLs6,127 MCFJan 2025
Bench Lake Farms UnitKarnes County, TX674 BBLs0 MCFJan 2025
Brysch-KitKarnes County, TX28,326 BBLs93,295 MCFJan 2025
Combs UnitKarnes County, TX652 BBLs266 MCFJan 2025
Ecleto Partnership UnitKarnes County, TX8,137 BBLs25,667 MCFJan 2025
Grose A-Karnes B UswKarnes County, TX13,513 BBLs33,195 MCFJan 2025
J Wiatrek UnitKarnes County, TX449 BBLs1,769 MCFJan 2025
Janysek Unit AKarnes County, TX3,486 BBLs15,568 MCFJan 2025
Kat UnitKarnes County, TX316 BBLs370 MCFJan 2025
Latka UnitKarnes County, TX7,202 BBLs4,484 MCFJan 2025
Leo Frank UnitKarnes County, TX10,955 BBLs25,820 MCFJan 2025
MoravitsKarnes County, TX6,892 BBLs21,978 MCFJan 2025
Naranjo-K South UswKarnes County, TX0 BBLs80 MCFJan 2025
Peterson Unit AKarnes County, TX4,988 BBLs6,211 MCFJan 2025
SchendelKarnes County, TX6,783 BBLs5,173 MCFJan 2025
Smith UnitKarnes County, TX484 BBLs199 MCFJan 2025
Tennant Unit AKarnes County, TX152 BBLs13 MCFJan 2025
Turner UnitKarnes County, TX1,514 BBLs387 MCFJan 2025
WhitfieldKarnes County, TX3,555 BBLs258 MCFJan 2025
Yanta NorthKarnes County, TX13,727 BBLs20,848 MCFJan 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 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