Spires Ranch

Oil Property in Kent County, TX

  2. Texas
  3. Kent County, TX
  4. Oil & Gas Properties in Kent County, TX
  5. Spires Ranch Oil Property

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Property Summary

Key data points for Spires Ranch

County,
OperatorJOINT RESOURCES COMPANY
Production DatesApr 2024 - Feb 2025
Total Oil Production32,014 BBLs
Total Gas Production0 MCF
Recent Oil Production2,414 BBLs in Jan 2025
Recent Gas Production0 MCF in Jan 2025
Wells on Property7

Our Valuation Estimates for Spires Ranch

ShaleAssessment™

Not Available

MarketMultiple™

$382,597 **

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

Based on a decimal interest

Spires Ranch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spires Ranch
from Apr 2024 to Feb 2025

Wells on Spires Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Spires Ranch

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-71327SPIRES RANCH A 103JOINT RESOURCES COMPANYKent County, TX
8A-71372SPIRES RANCH B 103JOINT RESOURCES COMPANYKent County, TX

Nearby Properties

These are the closest 10 properties to the Spires Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ClairemontKent County, TX195 BBLs0 MCFFeb 2025
Davis H. WKent County, TX27 BBLs0 MCFFeb 2025
Double MoKent County, TX4,831 BBLs0 MCFFeb 2025
Jones PercyKent County, TX615 BBLs0 MCFFeb 2025
Jones Percy Estate TR. 6Kent County, TX942 BBLs0 MCFFeb 2025
Mays TrustKent County, TX357 BBLs0 MCFFeb 2025
McMeans W. G. Operating AreaKent County, TX0 BBLs0 MCFJan 2022
Salt Creek Field UnitKent County, TX131,365 BBLs439,170 MCFFeb 2025
StewartKent County, TX12 BBLs0 MCFFeb 2025
YoungKent County, TX0 BBLs0 MCFFeb 2020

Companies in the Area

These are the closest 0 companies operating near the Spires Ranch property.

Company Name

Oil & Gas Sales on Spires Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
8A-71372SPIRES RANCH B 103Oct 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY
8A-71372SPIRES RANCH B 103Sep 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY
8A-71372SPIRES RANCH B 103Aug 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY
8A-71372SPIRES RANCH B 103Jul 2024CONCORD ENERGY LLCJOINT RESOURCES COMPANY