Oil Property in Union County, AR
Key data points for Spencer
| County | Union County, AR |
|---|---|
| Operator | QUANICO OIL & GAS, INC. |
| Production Dates | Feb 2014 - Dec 2025 |
| Total Oil Production | 359,554 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 2,561 BBLs in Nov 2025 |
| Recent Gas Production | 0 MCF in Nov 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Spencer
ShaleAssessment™
$51,904 *
MarketMultiple™
$299,283 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Spencer property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abbott | Union County, AR | 0 BBLs | 0 MCF | Nov 2000 |
| Allen | Union County, AR | 0 BBLs | 0 MCF | May 2023 |
| Brittain | Union County, AR | 1,180 BBLs | 0 MCF | Dec 2025 |
| Brown | Union County, AR | 0 BBLs | 0 MCF | Jun 2024 |
| Craig-Moody | Union County, AR | 0 BBLs | 0 MCF | Jan 2025 |
| Deason-Moody | Union County, AR | 599 BBLs | 0 MCF | Dec 2025 |
| Doss | Union County, AR | 709 BBLs | 0 MCF | Dec 2025 |
| Graves | Union County, AR | 0 BBLs | 0 MCF | Jun 1985 |
| Gregory | Union County, AR | 5,982 BBLs | 0 MCF | Dec 2025 |
| Kelly | Union County, AR | 169 BBLs | 0 MCF | Dec 2025 |
| Kelly-Spooner | Union County, AR | 0 BBLs | 0 MCF | Aug 2025 |
| Moody | Union County, AR | 2,500 BBLs | 0 MCF | Dec 2025 |
| Obarr | Union County, AR | 0 BBLs | 0 MCF | May 1966 |
| Schmidt | Union County, AR | 1,374 BBLs | 0 MCF | Dec 2025 |
| Smith | Union County, AR | 0 BBLs | 0 MCF | Feb 1985 |
| Spencer-Sinclair | Union County, AR | 2,257 BBLs | 0 MCF | Dec 2025 |
| Spencer-Townsend | Union County, AR | 1,663 BBLs | 0 MCF | Dec 2025 |
| Spooner | Union County, AR | 157 BBLs | 0 MCF | Dec 2025 |
| Taylor | Union County, AR | 0 BBLs | 0 MCF | Nov 1983 |
| Walker-Gregory | Union County, AR | 0 BBLs | 0 MCF | Jul 2023 |
These are the closest 20 companies operating near the Spencer property.