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

Map of Wells Full Screen Map

Property Summary

Key data points for Spencer

CountyUnion County, AR
OperatorQUANICO OIL & GAS, INC.
Production DatesFeb 2014 - Jun 2026
Total Oil Production374,922 BBLs
Total Gas Production0 MCF
Recent Oil Production2,729 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Spencer

ShaleAssessment™

$47,302 *

MarketMultiple™

$291,927 **

* 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 Jun 2026

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, AR1,412 BBLs0 MCFJun 2026
BrownUnion County, AR0 BBLs0 MCFJun 2024
Craig-MoodyUnion County, AR0 BBLs0 MCFFeb 2026
Deason-MoodyUnion County, AR456 BBLs0 MCFJun 2026
DossUnion County, AR586 BBLs0 MCFJun 2026
GravesUnion County, AR0 BBLs0 MCFJun 1985
GregoryUnion County, AR6,592 BBLs0 MCFJun 2026
KellyUnion County, AR258 BBLs0 MCFMay 2026
Kelly-SpoonerUnion County, AR0 BBLs0 MCFAug 2025
MoodyUnion County, AR2,850 BBLs0 MCFJun 2026
ObarrUnion County, AR0 BBLs0 MCFMay 1966
SchmidtUnion County, AR750 BBLs0 MCFJun 2026
SmithUnion County, AR0 BBLs0 MCFFeb 1985
Spencer-SinclairUnion County, AR2,224 BBLs0 MCFJun 2026
Spencer-TownsendUnion County, AR1,917 BBLs0 MCFJun 2026
SpoonerUnion County, AR135 BBLs0 MCFJun 2026
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