Spear

Oil & Gas Property in Gregg County, TX

Property Summary

Key data points for Spear

CountyGregg County, TX
Production DatesJan 1993 - Sep 2025
Total Oil Production104,427 BBLs
Total Gas Production601 MCF
Recent Oil Production148 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for Spear

ShaleAssessment

$9,152 *

MarketMultiple

$16,278 **

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

Based on a decimal interest

Spear Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spear
from Jan 1993 to Sep 2025

Wells on Spear

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-183-87820SPEAR 2BASA RESOURCES, INC.ProducingGregg County, TX32.385801-94.880906
42-183-87833SPEAR 30BASA RESOURCES, INC.ProducingGregg County, TX32.383530-94.881443

Leases included in Spear

Lease #Lease NameOperatorCountyMonthly Oil Prod.
6E-07164SPEAR, A.LACY, R., INC.Gregg County, TX
6E-08091SPEARBASA RESOURCES, INC.Gregg County, TX

Operators Associated With Spear

Nearby Properties

These are the closest 20 properties to the Spear property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderGregg County, TX761 BBLs405 MCFSep 2025
Angus Spear TRGregg County, TX298 BBLs142 MCFSep 2025
Bates P. MGregg County, TX147 BBLs129 MCFSep 2025
Beall J. R. -BGregg County, TX122 BBLs0 MCFSep 2025
BivinsGregg County, TX230 BBLs0 MCFAug 2025
CrimGregg County, TX970 BBLs0 MCFSep 2025
ElderGregg County, TX1,362 BBLs294 MCFSep 2025
GodfreyGregg County, TX518 BBLs223 MCFSep 2025
I & GN R. RGregg County, TX9 BBLs0 MCFAug 2025
Kilgore Baptist ChurchGregg County, TX154 BBLs0 MCFSep 2025
KnowlesGregg County, TX281 BBLs253 MCFSep 2025
LairdRusk County, TX3,780 BBLs2,436 MCFSep 2025
Marshall FannieGregg County, TX15 BBLs0 MCFAug 2025
MitchellGregg County, TX135 BBLs0 MCFAug 2025
Neal H. TGregg County, TX342 BBLs129 MCFSep 2025
Reynolds J. FGregg County, TX156 BBLs0 MCFSep 2025
RichardsGregg County, TX166 BBLs0 MCFAug 2025
Walden IdaGregg County, TX0 BBLs0 MCFDec 2022
WatsonRusk County, TX1,837 BBLs439 MCFSep 2025
Willoughby E. WGregg County, TX290 BBLs196 MCFSep 2025

Owners of Spear

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BASA RESOURCES INCSPEAR ANGUSBASA RESOURCES
2025MOSELEY MARGARETSPEAR ANGUSBASA RESOURCES
2025HOCKEMA JARED HSPEAR ANGUSBASA RESOURCES
2025JMS FAMILY LTD PARTNERSHIPSPEAR ANGUSBASA RESOURCES
2025SPEAR CLYDENE FOSTER FOUNDTNSPEAR ANGUSBASA RESOURCES
2025TEXAS CHIROPRACTIC COLLEGESPEAR ANGUSBASA RESOURCES
2025POWELL WYNNSPEAR ANGUSBASA RESOURCES
2025POWELL CHARLES DAVIDSPEAR ANGUSBASA RESOURCES
Displaying 8 of 12 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spear

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
6E-08091SPEARApr 2025ENERGY TRANSFER CRUDE MARKETING LLCBASA RESOURCES, INC.
6E-08091SPEARMar 2025PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARFeb 2025PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJan 2025PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARDec 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARNov 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEAROct 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARSep 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARAug 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJul 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJun 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARMay 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARApr 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARMar 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARFeb 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJan 2024PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARDec 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARNov 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEAROct 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARSep 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARAug 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJul 2023PLAINS MARKETING, L.P.BASA RESOURCES, INC.
6E-08091SPEARJun 2023ENERGY TRANSFER CRUDE MARKETING LLCBASA RESOURCES, INC.
6E-08091SPEARMay 2023ENERGY TRANSFER CRUDE MARKETING LLCBASA RESOURCES, INC.
6E-08091SPEARApr 2023ENERGY TRANSFER CRUDE MARKETING LLCBASA RESOURCES, INC.