Spence

Oil & Gas Property in Brown County, TX

  2. Texas
  3. Brown County, TX
  4. Oil & Gas Properties in Brown County, TX
  5. Spence Oil & Gas Property

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Property Summary

Key data points for Spence

CountyBrown County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production26,172 BBLs
Total Gas Production62,419 MCF
Recent Oil Production63 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property5

Our Valuation Estimates for Spence

ShaleAssessment™

$1,175 *

MarketMultiple™

$6,995 **

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

Based on a decimal interest

Spence Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spence
from Jan 1993 to Jan 2024

Wells on Spence

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-049-30922SPENCE A.P. 13 S PRODUCTION, INC.ProducingBrown County, TX32.008168-98.962412
42-049-30941SPENCE, A.P. 2BRITTANY DRILLING CO.Plugged Oil WellBrown County, TX32.009575-98.962240
42-049-31211SPENCE, A. P. 3PICKETT OIL COMPANYPlugged Oil/Gas WellBrown County, TX32.008268-98.957196
42-049-33532SPENCE 1FORMATION RECOVERY LLCTemp AbandonedBrown County, TX32.020368-98.966289
42-049-35675SPENCE, A. P. 2BRITTANY DRILLING CO.Dry HoleBrown County, TX32.006882-98.961630

Leases included in Spence

Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-100406SPENCE, A. P. 3PICKETT OIL COMPANYBrown County, TX
7B-118564SPENCE A.P. 1BRITTANY DRILLING CO.Brown County, TX
7B-123246SPENCE 1FORMATION RECOVERY LLCBrown County, TX
7B-13470SPENCE, A.P.BRITTANY DRILLING CO.Brown County, TX
7B-13624SPENCE A. P.ADOBE RESOURCES CORPORATIONBrown County, TX
7B-20147SPENCEFABER, DALEBrown County, TX
7B-20687SPENCEFABER, DALEBrown County, TX
7B-27983SPENCE, A.P.3 S PRODUCTION, INC.Brown County, TX

Operators Associated With Spence

Nearby Properties

These are the closest 20 properties to the Spence property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngelBrown County, TX0 BBLs112 MCFJan 2024
BatesBrown County, TX0 BBLs142 MCFJan 2024
Blair Lola LeeBrown County, TX3 BBLs140 MCFJan 2024
BurchamBrown County, TX0 BBLs221 MCFJan 2024
Lee WeldonBrown County, TX0 BBLs389 MCFJan 2024
Lester UnitBrown County, TX0 BBLs355 MCFJan 2024
Moore Ben HBrown County, TX0 BBLs0 MCFSep 2023
Murphree W.EBrown County, TX0 BBLs391 MCFJan 2024
Newman ThomasBrown County, TX0 BBLs35 MCFDec 2023
PalmoreBrown County, TX1 BBLs99 MCFJan 2024
RankinBrown County, TX0 BBLs360 MCFJan 2024
Ringhoffer A.HBrown County, TX10 BBLs1,222 MCFJan 2024
Spence Robert JBrown County, TX0 BBLs187 MCFJan 2024
StewartBrown County, TX0 BBLs261 MCFJan 2024
Voorhies MaurineBrown County, TX0 BBLs164 MCFJan 2024
Wheeler T.B. & W.LBrown County, TX0 BBLs100 MCFJan 2024
Williams WillieBrown County, TX0 BBLs133 MCFJan 2024
Woods H.TBrown County, TX0 BBLs87 MCFJan 2024
Woods MaudieBrown County, TX2 BBLs331 MCFJan 2024
Wright Bess LBrown County, TX0 BBLs0 MCFMay 2022

Companies in the Area

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

Company Name
Anderson Production
Arnot Oil Company, LLC
Bayou Operating Company, Inc.
Conquistador Petroleum,Inc.
Denteco Oil Company LLC
Gerry-Mac Oil, Inc.
Gopher Enterprises
Grand Banks Energy Company
Hood, J. F.
Ipact
KLH Oil & Gas, Inc.
Rodman Petroleum Corp.
Sequoia Energy Resources
So Operating Company
Southeastern Resources Corp.
Southwest Gas Systems, Inc.
Thunderbird Operating, L.L.C.
Wejco, Inc.
WG Operating, Inc.
Wilson Well Service Inc.

Owners of Spence

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20233 S PRODUCTION INCSPENCE, A P,3 S PRODUCTION INC
2023HENSON, LAURA LEASPENCE, A P,3 S PRODUCTION INC
2023SPENCE, TEDSPENCE, A P,3 S PRODUCTION INC
2023SPENCE, ROBERT KSPENCE, A P,3 S PRODUCTION INC
2023POLLOCK, CHRISTIAN MSPENCE, A P,3 S PRODUCTION INC
2023LAING, MALCOLM BSPENCE,FORMATION RECOVERY LLC
2023FORMATION RECOVERY LLCSPENCE,FORMATION RECOVERY LLC
2023JONES, ELIZABETH ANN SPENCESPENCE,FORMATION RECOVERY LLC
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spence

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-27983SPENCE, A.P.Sep 2023BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jun 2023BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jan 2020BML INC3 S PRODUCTION, INC.
7B-123246SPENCE 1Aug 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jul 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jun 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1May 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Apr 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Mar 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Feb 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jan 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Dec 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Nov 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Oct 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Sep 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-27983SPENCE, A.P.Sep 2016PLAINS MARKETING, L.P.PICKETT OIL COMPANY
7B-123246SPENCE 1Aug 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jul 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jun 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1May 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Apr 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Mar 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Feb 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jan 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Dec 2015PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC