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 - Sep 2025
Total Oil Production52,441 BBLs
Total Gas Production5,703,722 MCF
Recent Oil Production25 BBLs in Aug 2025
Recent Gas Production1,690 MCF in Aug 2025
Wells on Property6

Our Valuation Estimates for Spear

ShaleAssessment™

$15,391 *

MarketMultiple™

$9,981 **

* 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 Sep 2025

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

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, TX72 BBLs343 MCFAug 2025
Boswell 1Gregg County, TX0 BBLs6,665 MCFAug 2025
Double K Gas Unit 1HGregg County, TX27 BBLs5,583 MCFSep 2025
EvansGregg County, TX0 BBLs14 MCFSep 2025
Golden Jones A (Aw) 1HGregg County, TX461 BBLs48,731 MCFSep 2025
Hamby HeirsGregg County, TX34 BBLs2,866 MCFSep 2025
Hiett Gas Unit 1HGregg County, TX19 BBLs6,296 MCFSep 2025
KillingsworthGregg County, TX141 BBLs732 MCFSep 2025
MackeyGregg County, TX346 BBLs7,665 MCFSep 2025
McLendon-CombestGregg County, TX268 BBLs26,131 MCFSep 2025
Meadows Gas UnitGregg County, TX0 BBLs651 MCFSep 2025
Meadows Pugh Gas UnitGregg County, TX225 BBLs20,926 MCFSep 2025
MeltonGregg County, TX92 BBLs14,912 MCFSep 2025
Smead HeirsGregg County, TX222 BBLs67,307 MCFSep 2025
StoneGregg County, TX269 BBLs1,059 MCFSep 2025
Stone Gu 1-Mackey Heirs (Alloc) 1HGregg County, TX51 BBLs9,664 MCFSep 2025
Stone Gu1-McLendon-Combest (Allo 1HGregg County, TX212 BBLs18,535 MCFSep 2025
TreadawayGregg County, TX225 BBLs2,235 MCFAug 2025
Whitehurst T. F. EstGregg County, TX206 BBLs3,079 MCFSep 2025
Willow SpringsGregg County, TX7,886 BBLs481,124 MCFSep 2025

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.
Craton Operating LLC
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.
Roach, R. Byron Trustee
Sabine Oil & Gas Corporation
Sabine Pipe & Supply Co.
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
2025FULLER BILLIE LOUISE 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
06-142218SPEAR 5Mar 2025FAULCONER ENERGY, LLC
06-142218SPEAR 5Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Mar 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Mar 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Mar 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Mar 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Feb 2025FAULCONER ENERGY, LLC
06-142218SPEAR 5Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Feb 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Feb 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Feb 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Jan 2025FAULCONER ENERGY, LLC
06-142218SPEAR 5Jan 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jan 2025EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jan 2025FAULCONER ENERGY, LLC
06-142911SPEAR 2Jan 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Jan 2025FAULCONER ENERGY, LLC
06-261462SPEAR 1Jan 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Dec 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5Dec 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Dec 2024FAULCONER ENERGY, LLC