Pease

Oil & Gas Property in Eastland County, TX

  2. Texas
  3. Eastland County, TX
  4. Oil & Gas Properties in Eastland County, TX
  5. Pease Oil & Gas Property

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Property Summary

Key data points for Pease

CountyEastland County, TX
OperatorSTEPHENS & JOHNSON OPERATING CO.
Production DatesDec 1994 - Jan 2026
Total Oil Production218 BBLs
Total Gas Production933,409 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production461 MCF in Dec 2025
Wells on Property7

Our Valuation Estimates for Pease

ShaleAssessment™

Not Available

MarketMultiple™

$2,217 **

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

Based on a decimal interest

Pease Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pease
from Dec 1994 to Jan 2026

Wells on Pease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-133-31398PEASE, HIRAM 8TEXAS PACIFIC OIL COMPANY, INC.Dry HoleEastland County, TX32.493658-98.500935
42-133-32178PEASE, HIRAM 9TEXAS PACIFIC OIL COMPANY, INC.Dry HoleEastland County, TX32.469160-98.478616
42-133-37691PEASE H. 1STEPHENS & JOHNSON OPERATING CO.ProducingEastland County, TX32.471179-98.486644
42-133-37699PEASE, H. 2STEPHENS & JOHNSON OPERATING CO.Dry HoleEastland County, TX32.473738-98.494671
42-133-37725PEASE, H. 3STEPHENS & JOHNSON OPERATING CO.Dry HoleEastland County, TX32.490445-98.488217
42-133-37755PEASE, H. 4STEPHENS & JOHNSON OPERATING CO.Dry HoleEastland County, TX32.471471-98.511230
42-133-37779PEASE 5STEPHENS & JOHNSON OPERATING CO.Temp AbandonedEastland County, TX32.479398-98.481091

Leases included in Pease

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-152316PEASE H. 1STEPHENS & JOHNSON OPERATING CO.Eastland County, TX
7B-174869PEASE 5STEPHENS & JOHNSON OPERATING CO.Eastland County, TX

Nearby Properties

These are the closest 20 properties to the Pease property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllenEastland County, TX0 BBLs0 MCFAug 2025
Ball AshworthPalo Pinto County, TX0 BBLs0 MCFJun 2017
Borchers-WilbarPalo Pinto County, TX0 BBLs0 MCFMay 2020
Court TPalo Pinto County, TX14 BBLs6,492 MCFJan 2026
CrawfordEastland County, TX0 BBLs0 MCFAug 2024
Dykes WM. C. AEastland County, TX0 BBLs316 MCFJan 2026
East Allen RanchEastland County, TX0 BBLs0 MCFMay 2021
FergusonPalo Pinto County, TX0 BBLs1,451 MCFJan 2026
Gailey, N. CEastland County, TX0 BBLs0 MCFApr 2019
GrahamPalo Pinto County, TX0 BBLs908 MCFDec 2025
HerreraErath County, TX0 BBLs2,114 MCFJan 2026
Lanier S.SPalo Pinto County, TX0 BBLs1,237 MCFJan 2026
Robertson CSLEastland County, TX0 BBLs1,139 MCFJan 2026
ScalingErath County, TX0 BBLs0 MCFMar 2019
Sherman RobertPalo Pinto County, TX0 BBLs1,340 MCFJan 2026
ShuffieldErath County, TX0 BBLs0 MCFJun 2017
Smith MPalo Pinto County, TX0 BBLs611 MCFDec 2025
Stuart MargaretPalo Pinto County, TX0 BBLs1,143 MCFDec 2025
SwensonPalo Pinto County, TX0 BBLs0 MCFDec 2022
T.P. Fee DErath County, TX0 BBLs833 MCFJan 2026

Companies in the Area

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

Company Name
Alaron Energy, Inc.
Blackbird R 22 Og L.L.C.
Bluestem Resources LLC
Braka Operating, L.L.C.
Culebra Oil & Gas Company
Culebra Oil & Gas, LLC
Dte Gas Resources, LLC
Expanding Energy Corporation
Heflin, Bryan Exploration, Inc.
Kokomo Energy, Inc.
Kornye-Tillman Company
Mingus Oil & Gas
Oakridge Oil And Gas, LP
Oryx Energy Company
Panther City Energy LLC
Quinlan Engineering
Stephens & Johnson Operating Co.
Tandem Energy Corporation
Upham, Chester R., Jr.
Vanco Oil & Gas Corp.

Owners of Pease

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025STEPHENS & JOHNSON OPR COPEASE HSTEPHENS & JOHNSON
2025ALLAR COMPANYPEASE HSTEPHENS & JOHNSON

Oil & Gas Sales on Pease

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-152316PEASE H. 1Nov 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Nov 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Oct 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Oct 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Sep 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Sep 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Aug 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Aug 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jul 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jul 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jun 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jun 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1May 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1May 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Apr 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Apr 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Mar 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Mar 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Feb 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Feb 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jan 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Jan 2025STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Dec 2024STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Dec 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-152316PEASE H. 1Nov 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.