Spencer

Oil Property in Union County, AR

  2. Arkansas
  3. Union County, AR
  4. Oil & Gas Properties in Union County, AR
  5. Spencer Oil Property

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Property Summary

Key data points for Spencer

CountyUnion County, AR
OperatorQUANICO OIL & GAS, INC.
Production DatesFeb 2014 - Sep 2025
Total Oil Production351,709 BBLs
Total Gas Production0 MCF
Recent Oil Production2,680 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property3

Our Valuation Estimates for Spencer

ShaleAssessment™

$54,791 *

MarketMultiple™

$309,864 **

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

Based on a decimal interest

Spencer Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spencer
from Feb 2014 to Sep 2025

Wells on Spencer

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
03-139-13474Spencer-MoodyQuanico Oil & Gas, IncActiveUnion County, AR33.240087-92.545397
03-139-13477Spencer, K LQuanico Oil & Gas, IncActiveUnion County, AR33.236883-92.545580
03-139-13544Spencer, K LQuanico Oil & Gas, IncActiveUnion County, AR33.236928-92.547853

Nearby Properties

These are the closest 20 properties to the Spencer property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbbottUnion County, AR0 BBLs0 MCFNov 2000
AllenUnion County, AR0 BBLs0 MCFMay 2023
BrittainUnion County, AR1,127 BBLs0 MCFSep 2025
BrownUnion County, AR0 BBLs0 MCFJun 2024
Craig-MoodyUnion County, AR0 BBLs0 MCFJan 2025
Deason-MoodyUnion County, AR709 BBLs0 MCFSep 2025
DossUnion County, AR918 BBLs0 MCFSep 2025
GravesUnion County, AR0 BBLs0 MCFJun 1985
GregoryUnion County, AR6,373 BBLs0 MCFSep 2025
KellyUnion County, AR135 BBLs0 MCFSep 2025
Kelly-SpoonerUnion County, AR132 BBLs0 MCFAug 2025
MoodyUnion County, AR2,803 BBLs0 MCFSep 2025
ObarrUnion County, AR0 BBLs0 MCFMay 1966
SchmidtUnion County, AR1,715 BBLs0 MCFSep 2025
SmithUnion County, AR0 BBLs0 MCFFeb 1985
Spencer-SinclairUnion County, AR2,390 BBLs0 MCFSep 2025
Spencer-TownsendUnion County, AR1,883 BBLs0 MCFSep 2025
SpoonerUnion County, AR144 BBLs0 MCFSep 2025
TaylorUnion County, AR0 BBLs0 MCFNov 1983
Walker-GregoryUnion County, AR0 BBLs0 MCFJul 2023

Companies in the Area

These are the closest 20 companies operating near the Spencer property.

Company Name
Arklatx Operating Company, Inc
Barnette & Sons, Inc.
Beebe Exploration Co, LLC
Beren Corporation
C & P Energy Inc
Davis, Wilbur Oil Production Company
Delone, M S
FF&N Oil Company
Four R Operating Company, LLC
Great Lakes Chemical Corp
Jamie Oil, Inc
Langley, Jerry Oil Company LLC
Lboc, LLC
Perry, James D
Petroquest, LLC
Quanico Oil & Gas, Inc.
Seagull Operating Co., Inc.
Shuler Drilling Co., Inc.
Smackover Drilling Co. Inc.
The Ohio Oil Company