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 - Jun 2025
Total Oil Production27,064 BBLs
Total Gas Production62,524 MCF
Recent Oil Production45 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property5

Our Valuation Estimates for Spence

ShaleAssessment™

$824 *

MarketMultiple™

$5,916 **

* 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 Jun 2025

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 BBLs75 MCFJun 2025
BatesBrown County, TX0 BBLs85 MCFJun 2025
Blair Lola LeeBrown County, TX3 BBLs220 MCFJun 2025
BurchamBrown County, TX0 BBLs100 MCFJun 2025
Lee WeldonBrown County, TX0 BBLs429 MCFJun 2025
Lester UnitBrown County, TX0 BBLs342 MCFJun 2025
Moore Ben HBrown County, TX1 BBLs115 MCFJun 2025
Murphree W.EBrown County, TX0 BBLs392 MCFJun 2025
Newman ThomasBrown County, TX0 BBLs35 MCFJun 2025
PalmoreBrown County, TX0 BBLs81 MCFJun 2025
RankinBrown County, TX0 BBLs327 MCFJun 2025
Ringhoffer A.HBrown County, TX6 BBLs1,550 MCFJun 2025
Spence Robert JBrown County, TX0 BBLs199 MCFJun 2025
StewartBrown County, TX0 BBLs291 MCFJun 2025
Voorhies MaurineBrown County, TX0 BBLs205 MCFJun 2025
Wheeler T.B. & W.LBrown County, TX0 BBLs109 MCFJun 2025
Williams WillieBrown County, TX0 BBLs156 MCFJun 2025
Woods H.TBrown County, TX0 BBLs67 MCFJun 2025
Woods MaudieBrown County, TX3 BBLs288 MCFJun 2025
Wright Bess LBrown County, TX0 BBLs80 MCFJun 2025

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
20253 S PRODUCTION INCSPENCE, A P,3 S PRODUCTION INC
2025HENSON, LAURA LEASPENCE, A P,3 S PRODUCTION INC
2025SPENCE, TEDSPENCE, A P,3 S PRODUCTION INC
2025SPENCE, ROBERT KSPENCE, A P,3 S PRODUCTION INC
2025POLLOCK, CHRISTIAN MSPENCE, A P,3 S PRODUCTION INC
2025LAING, MALCOLM BSPENCE,FORMATION RECOVERY LLC
2025FORMATION RECOVERY LLCSPENCE,FORMATION RECOVERY LLC
2025JONES, 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.Mar 2025BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Dec 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Aug 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Apr 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jan 2024BML INC3 S PRODUCTION, INC.
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-27983SPENCE, A.P.Sep 2016PLAINS MARKETING, L.P.PICKETT OIL COMPANY
7B-123246SPENCE 1Sep 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
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