Spear

Oil & Gas Property in Gregg County, TX

  2. Texas
  3. Gregg County, TX
  4. Oil & Gas Properties in Gregg County, TX
  5. Spear Oil & Gas Property

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Property Summary

Key data points for Spear

CountyGregg County, TX
Production DatesJan 1993 - Jan 2026
Total Oil Production52,488 BBLs
Total Gas Production5,707,570 MCF
Recent Oil Production6 BBLs in Dec 2025
Recent Gas Production1,133 MCF in Dec 2025
Wells on Property6

Our Valuation Estimates for Spear

ShaleAssessment™

$14,526 *

MarketMultiple™

$8,459 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Spear
from Jan 1993 to Jan 2026

Wells on Spear

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-183-30627SPEAR 1FAULCONER ENERGY, LLCProducingGregg County, TX32.591099-94.750452
42-183-30923SPEAR 2FAULCONER ENERGY, LLCProducingGregg County, TX32.592333-94.741091
42-183-30925SPEAR 4SONAT EXPLORATION COMPANY-MCRPlugged Gas WellGregg County, TX32.597372-94.746414
42-183-30929SPEAR 3FAULCONER ENERGY, LLCProducingGregg County, TX32.592330-94.741027
42-183-30933SPEAR 5FAULCONER ENERGY, LLCProducingGregg County, TX32.598103-94.738532
42-183-30979SPEAR 6SONAT EXPLORATION COMPANY -TYLERPlugged Gas WellGregg County, TX32.599390-94.731213

Leases included in Spear

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-114667SPEAR 1SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-142040SPEAR 4FAULCONER ENERGY, LLCGregg County, TX
06-142218SPEAR 5FAULCONER ENERGY, LLCGregg County, TX
06-142911SPEAR 2FAULCONER ENERGY, LLCGregg County, TX
06-144119SPEAR 6SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-144381SPEAR 3FAULCONER ENERGY, LLCGregg County, TX
06-167389SPEAR 6SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-168494SPEAR 3FAULCONER ENERGY, LLCGregg County, TX
06-168567SPEAR 2FAULCONER ENERGY, LLCGregg County, TX
06-173153SPEAR 1FAULCONER ENERGY, LLCGregg County, TX
06-261462SPEAR 1FAULCONER ENERGY, LLCGregg 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
BarrettGregg County, TX3 BBLs287 MCFJan 2026
BrutonGregg County, TX8 BBLs180 MCFJan 2026
CulpepperGregg County, TX193 BBLs9,670 MCFJan 2026
EvansGregg County, TX0 BBLs742 MCFJan 2026
Golden Jones A (Aw) 1HGregg County, TX320 BBLs44,076 MCFJan 2026
Hamby HeirsGregg County, TX26 BBLs1,764 MCFJan 2026
KillingsworthGregg County, TX188 BBLs1,184 MCFJan 2026
MackeyGregg County, TX325 BBLs6,844 MCFJan 2026
McLendon-CombestGregg County, TX306 BBLs22,419 MCFJan 2026
Meadows Gas UnitGregg County, TX0 BBLs459 MCFJan 2026
Meadows Pugh Gas UnitGregg County, TX136 BBLs15,133 MCFJan 2026
MeltonGregg County, TX61 BBLs12,595 MCFJan 2026
PriceGregg County, TX60 BBLs7,302 MCFDec 2025
Smead HeirsGregg County, TX187 BBLs49,116 MCFJan 2026
StoneGregg County, TX200 BBLs1,032 MCFJan 2026
Stone Gu 1-Mackey Heirs (Alloc) 1HGregg County, TX61 BBLs9,005 MCFJan 2026
Stone Gu1-McLendon-Combest (Allo 1HGregg County, TX234 BBLs17,280 MCFJan 2026
TreadawayGregg County, TX321 BBLs2,848 MCFJan 2026
Whitehurst T. F. EstGregg County, TX159 BBLs1,730 MCFJan 2026
Willow SpringsGregg County, TX5,135 BBLs401,106 MCFJan 2026

Companies in the Area

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

Company Name
Arkla Exploration Co.
Basa Resources, Inc.
Buffco Production, Inc.
Dallas Production Company LLC
Dallas Production, Inc.
Desana Development Corporation
Diversified Production LLC
Enerquest Corporation
Faulconer Energy, LLC
Forest Oil Corporation
Giant NRG Co., LP
Long Trusts, The
Mobil Producing TX. & N.M. Inc.
Mud Creek Operating, LLC
Roach, R. Byron Trustee
Sabine Energy Inc.
Sabine Oil & Gas Corporation
Sonat Exploration Company -Tyler
Wagner & Brown, LTD.
XTO Energy Inc.

Owners of Spear

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025FAULCONER ENERGY LLCSPEAR #1-5FAULCONER ENER
2025FAULCONER ENERGY LLCSPEAR #1-5FAULCONER ENER
2025FAULCONER ENERGY LLCSPEAR #1-5FAULCONER ENER
2025FULLER BILLIE LOUISE DSPEAR #1-5FAULCONER ENER
2025CEFALU PATSY ANNE DSPEAR #1-5FAULCONER ENER
2025SMITH MARY LOUISE BISHOPSPEAR #1-5FAULCONER ENER
2025WRIGHT LARRY GSPEAR #1-5FAULCONER ENER
2025CEFALU PATSY ANNE DSPEAR #1-5FAULCONER ENER
Displaying 8 of 753 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
06-142911SPEAR 2Nov 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Nov 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Oct 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Oct 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Oct 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Oct 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Aug 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Aug 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Aug 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Jul 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Jul 2025FAULCONER ENERGY, LLC