B. U. - Spielhagen 2

Oil & Gas Property in Karnes County, TX

  2. Texas
  3. Karnes County, TX
  4. Oil & Gas Properties in Karnes County, TX
  5. B. U. - Spielhagen 2 Oil & Gas Property

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Property Summary

Key data points for B. U. - Spielhagen 2

CountyKarnes County, TX
OperatorPALEO OIL COMPANY LLC
Production DatesJan 1993 - Feb 2026
Total Oil Production2,084 BBLs
Total Gas Production181,443 MCF
Recent Oil Production1 BBLs in Feb 2026
Recent Gas Production449 MCF in Feb 2026
Wells on Property1

Our Valuation Estimates for B. U. - Spielhagen 2

ShaleAssessment™

$708 *

MarketMultiple™

$2,472 **

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

Based on a decimal interest

B. U. - Spielhagen 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for B. U. - Spielhagen 2
from Jan 1993 to Feb 2026

Wells on B. U. - Spielhagen 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-01061B. U. - SPIELHAGEN 2PALEO OIL COMPANY LLCProducingKarnes County, TX28.690229-97.801382

Leases included in B. U. - Spielhagen 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-030391B. U. - SPIELHAGEN 2PENNZOIL PRODUCING CO.Karnes County, TX
02-041868B. U. - SPIELHAGEN 2PENNZOIL PRODUCING CO.Karnes County, TX
02-076827B. U. - SPIELHAGEN 2PENNZOIL PRODUCING CO.Karnes County, TX
02-097907B. U. - SPIELHAGEN 2PALEO OIL COMPANY LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the B. U. - Spielhagen 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B. U. Pan AmericanKarnes County, TX0 BBLs0 MCFNov 2025
B. U. StanolindKarnes County, TX0 BBLs0 MCFMar 2021
B. U.-Luling-BoyceKarnes County, TX0 BBLs0 MCFJan 2026
B.U. Union-Norton-SpielhagenKarnes County, TX0 BBLs0 MCFJan 2026
B.U.-Boyce W1Karnes County, TX3 BBLs500 MCFFeb 2026
Belknap W. PKarnes County, TX0 BBLs0 MCFOct 1999
Bu Anderson-Prichard-TenbergKarnes County, TX10 BBLs1,280 MCFFeb 2026
Gibson, H.BKarnes County, TX0 BBLs0 MCFOct 2025
Lyons Annie LeeKarnes County, TX0 BBLs0 MCFNov 2014
N.P.U.-PorterKarnes County, TX0 BBLs0 MCFJan 2026
New Pettus UnitGoliad County, TX0 BBLs0 MCFOct 2011
Npu ( UnionBee County, TX0 BBLs0 MCFMay 2020
Npu (H&D-Niehaus -1) 25Karnes County, TX0 BBLs0 MCFJan 2026
Npu (O A MuddGoliad County, TX0 BBLs0 MCFJan 2026
Npu (RayBee County, TX0 BBLs0 MCFJan 2026
Npu (ScarboroughGoliad County, TX0 BBLs0 MCFJan 2026
Overby C. JKarnes County, TX0 BBLs0 MCFApr 2015
SpielhagenBee County, TX0 BBLs0 MCFJan 2019
Steed J. EKarnes County, TX0 BBLs0 MCFApr 2014
Tulsita-RayBee County, TX0 BBLs0 MCFJun 2019

Companies in the Area

These are the closest 20 companies operating near the B. U. - Spielhagen 2 property.

Company Name
Amoco Production Company
Arete Operating Company II, LLC
Arete Operating Company, LLC
Atlas Operating LLC
Christico Petroleum Company
Crimson Energy Company, LC
Cymri Corporation, The
Devon Energy Production Company, L.P.
Janssen, Nelson
Legend Natural Gas II, LP
Midstates Corporation
Paleo Oil Company LLC
Pennzoil Exploration & Production Co.
Petrovybe Opco LLC
Rodel Oil & Gas Company
Sydson Energy, Inc.
Tidewater Minerals Corporation
U.S. Exploration Company
Welder Exploration & Prod., Inc.
Welderxp LTD.

Oil & Gas Sales on B. U. - Spielhagen 2

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-097907B. U. - SPIELHAGEN 2Feb 2026PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Feb 2026GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Jan 2026PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Dec 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Nov 2025GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Nov 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Oct 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Sep 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Aug 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Jul 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Jul 2025GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Jun 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2May 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Apr 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Apr 2025GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Mar 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Feb 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Feb 2025GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Jan 2025PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Dec 2024PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Nov 2024PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Oct 2024PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Sep 2024PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Sep 2024GULFMARK ENERGY, INC.PALEO OIL COMPANY LLC
02-097907B. U. - SPIELHAGEN 2Aug 2024PALEO OIL COMPANY LLC