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 - Apr 2026
Total Oil Production52,498 BBLs
Total Gas Production5,708,555 MCF
Recent Oil Production6 BBLs in Mar 2026
Recent Gas Production679 MCF in Mar 2026
Wells on Property6

Our Valuation Estimates for Spear

ShaleAssessment™

$13,970 *

MarketMultiple™

$6,151 **

* 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 Apr 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, TX0 BBLs136 MCFApr 2026
BrutonGregg County, TX5 BBLs74 MCFApr 2026
CulpepperGregg County, TX96 BBLs8,986 MCFApr 2026
EvansGregg County, TX0 BBLs358 MCFApr 2026
Golden Jones A (Aw) 1HGregg County, TX246 BBLs41,276 MCFApr 2026
Hamby HeirsGregg County, TX79 BBLs1,594 MCFApr 2026
KillingsworthGregg County, TX89 BBLs1,055 MCFApr 2026
MackeyGregg County, TX220 BBLs5,254 MCFApr 2026
McLendon-CombestGregg County, TX230 BBLs23,682 MCFApr 2026
Meadows Gas UnitGregg County, TX0 BBLs507 MCFApr 2026
Meadows Pugh Gas UnitGregg County, TX75 BBLs10,824 MCFApr 2026
MeltonGregg County, TX88 BBLs9,319 MCFApr 2026
PriceGregg County, TX201 BBLs7,605 MCFApr 2026
Smead HeirsGregg County, TX86 BBLs47,945 MCFApr 2026
StoneGregg County, TX262 BBLs723 MCFApr 2026
Stone Gu 1-Mackey Heirs (Alloc) 1HGregg County, TX60 BBLs10,343 MCFApr 2026
Stone Gu1-McLendon-Combest (Allo 1HGregg County, TX158 BBLs12,523 MCFApr 2026
TreadawayGregg County, TX181 BBLs2,541 MCFApr 2026
Whitehurst T. F. EstGregg County, TX185 BBLs1,939 MCFApr 2026
Willow SpringsGregg County, TX3,888 BBLs318,632 MCFApr 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 2Feb 2026EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Feb 2026FAULCONER ENERGY, LLC
06-142911SPEAR 2Feb 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Feb 2026EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jan 2026FAULCONER ENERGY, LLC
06-142911SPEAR 2Jan 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Dec 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Dec 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Dec 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Dec 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
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