Spear

Oil & Gas Property in Gregg County, TX

Property Summary

Key data points for Spear

CountyGregg County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production52,150 BBLs
Total Gas Production5,671,285 MCF
Recent Oil Production11 BBLs in Dec 2023
Recent Gas Production1,766 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Spear

ShaleAssessment

$23,932 *

MarketMultiple

$5,524 **

* 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 2024

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 4FAULCONER ENERGY, LLCTemp AbandonedGregg 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

Nearby Properties

These are the closest 20 properties to the Spear property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrettGregg County, TX56 BBLs293 MCFJan 2024
BrutonGregg County, TX30 BBLs370 MCFJan 2024
CulpepperGregg County, TX215 BBLs11,196 MCFJan 2024
Evans M. WGregg County, TX9 BBLs1,770 MCFJan 2024
Golden Jones A (Aw) 1HGregg County, TX4,285 BBLs207,845 MCFJan 2024
Hamby HeirsGregg County, TX222 BBLs6,107 MCFJan 2024
KillingsworthGregg County, TX225 BBLs2,213 MCFJan 2024
MackeyGregg County, TX467 BBLs8,813 MCFJan 2024
McLendon-CombestGregg County, TX473 BBLs37,278 MCFJan 2024
Meadows Gas UnitGregg County, TX4 BBLs1,092 MCFJan 2024
Meadows Pugh Gas UnitGregg County, TX0 BBLs0 MCFNov 2023
MeltonGregg County, TX47 BBLs8,442 MCFJan 2024
PriceGregg County, TX29 BBLs9,150 MCFJan 2024
Smead HeirsGregg County, TX2,547 BBLs251,358 MCFJan 2024
SparksGregg County, TX0 BBLs0 MCFJan 2023
StoneGregg County, TX330 BBLs1,177 MCFJan 2024
Stone Gu 1-Mackey Heirs (Alloc) 1HGregg County, TX91 BBLs12,493 MCFJan 2024
Stone Gu1-McLendon-Combest (Allo 1HGregg County, TX331 BBLs24,343 MCFJan 2024
TreadawayGregg County, TX259 BBLs2,414 MCFJan 2024
Whitehurst T. F. EstGregg County, TX162 BBLs1,605 MCFJan 2024

Owners of Spear

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023FAULCONER ENERGY 2023 LLPSPEAR #1-5XTO ENERGY INC
2023FAULCONER ENERGY 2023 LLPSPEAR #1-5XTO ENERGY INC
2023FAULCONER ENERGY 2023 LLPSPEAR #1-5XTO ENERGY INC
2023CEFALU PATSY ANNE DSPEAR #1-5XTO ENERGY INC
2023FULLER BILLIE LOUISE DSPEAR #1-5XTO ENERGY INC
2023SMITH MARY LOUISE BISHOPSPEAR #1-5XTO ENERGY INC
2023WRIGHT LARRY GSPEAR #1-5XTO ENERGY INC
2023BOLTON MARY GWEN THOMASSPEAR #1-5XTO ENERGY INC
Displaying 8 of 572 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
06-142218SPEAR 5Nov 2023FAULCONER ENERGY, LLC
06-142218SPEAR 5Nov 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Nov 2023EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Nov 2023FAULCONER ENERGY, LLC
06-142911SPEAR 2Nov 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Nov 2023FAULCONER ENERGY, LLC
06-261462SPEAR 1Nov 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Oct 2023FAULCONER ENERGY, LLC
06-142218SPEAR 5Oct 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Oct 2023FAULCONER ENERGY, LLC
06-142911SPEAR 2Oct 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Oct 2023FAULCONER ENERGY, LLC
06-261462SPEAR 1Oct 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Sep 2023FAULCONER ENERGY, LLC
06-142218SPEAR 5Sep 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2023EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2023FAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2023FAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Aug 2023FAULCONER ENERGY, LLC
06-142218SPEAR 5Aug 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2023EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2023FAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC