Spence R.Q

Oil & Gas Property in Nolan County, TX

  2. Texas
  3. Nolan County, TX
  4. Oil & Gas Properties in Nolan County, TX
  5. Spence R.Q Oil & Gas Property

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Property Summary

Key data points for Spence R.Q

CountyNolan County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production63,307 BBLs
Total Gas Production6,240 MCF
Recent Oil Production125 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Spence R.Q

ShaleAssessment™

$1,551 *

MarketMultiple™

$18,844 **

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

Based on a decimal interest

Spence R.Q Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spence R.Q
from Jan 1993 to Mar 2026

Wells on Spence R.Q

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-353-31743SPENCE R.Q. 1SHAIDA, JOHN H.ProducingNolan County, TX32.123740-100.317924
42-353-31806SPENCE R.Q. 2WSHAIDA, JOHN H.InjectionNolan County, TX32.123757-100.322415
42-353-31896SPENCE, R. Q. 3ENRICH OIL CORPORATIONPlugged Oil WellNolan County, TX32.119189-100.317784
42-353-31922SPENCE, R. Q. 2JLENRICH OIL CORPORATIONPlugged Oil WellNolan County, TX32.119045-100.321947

Leases included in Spence R.Q

Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-22400SPENCE, R.Q.SHAIDA, JOHN H.Nolan County, TX
7B-23263SPENCE, R.Q. JLPACIFIC ENTERPRISES OIL CO.(USA)Nolan County, TX
7B-31833SPENCE, R.Q.SHAIDA, JOHN H.Nolan County, TX

Operators Associated With Spence R.Q

Nearby Properties

These are the closest 20 properties to the Spence R.Q property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AldermanNolan County, TX35 BBLs1,149 MCFMar 2026
Cecil L Smith (A)Nolan County, TX122 BBLs131 MCFMar 2026
CochranNolan County, TX128 BBLs0 MCFMar 2026
ColvinCoke County, TX0 BBLs0 MCFJun 2014
CraigNolan County, TX658 BBLs0 MCFMar 2026
HamiltonCoke County, TX180 BBLs0 MCFMar 2026
Hanks BillNolan County, TX736 BBLs0 MCFMar 2026
HickmanNolan County, TX1,341 BBLs0 MCFMar 2026
Hill-HickmanNolan County, TX0 BBLs0 MCFNov 2020
Hill-JordanNolan County, TX0 BBLs0 MCFDec 2022
Hill-WhitesideNolan County, TX0 BBLs0 MCFJun 2025
JordanNolan County, TX72 BBLs0 MCFMar 2026
LewisNolan County, TX77 BBLs24 MCFMar 2026
MichaelsNolan County, TX0 BBLs0 MCFJan 2026
OdenNolan County, TX0 BBLs0 MCFDec 2018
SandersonNolan County, TX330 BBLs715 MCFMar 2026
Smith Cecil LNolan County, TX162 BBLs657 MCFMar 2026
WareCoke County, TX0 BBLs0 MCFOct 2025
WendlandCoke County, TX69 BBLs0 MCFMar 2026
WhitesideNolan County, TX92 BBLs0 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Spence R.Q property.

Company Name
Adkins, R. L. Corp.
Alumni Oil LLC
Bettis, Boyle & Stovall
Cholla Petroleum Inc
Cockrell Production Co., Inc.
Craruth Energy Corporation
Esperanza Energy Corp.
Golden Oil And Ranch, LLC
Goodrock Natural Resources, LLC
King Oil & Resources Co
Maralo, Inc.
Older Than Dirt LLC
Oryx Energy Company
Pioneer Exploration Company
Pioneer Exploration, LLC
Pioneer Exploration, LTD.
Price, W. H.
Rendova Oil Company, Inc.
Southern Union Exploration Co.
Wes-Tex Drilling Company

Owners of Spence R.Q

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SHAIDA JOHN HSPENCE R QSHAIDA JOHN H

Oil & Gas Sales on Spence R.Q

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-22400SPENCE, R.Q.Mar 2026ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Feb 2026ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Jan 2026ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Dec 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Nov 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Oct 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Sep 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Aug 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Jul 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.May 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Apr 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Mar 2025ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Apr 2024ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Mar 2024ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Dec 2023ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Mar 2023ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Feb 2023ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Jan 2023ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Sep 2022ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Aug 2022ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Jul 2022ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.Jun 2022ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA
7B-22400SPENCE, R.Q.May 2022ENERGY TRANSFER CRUDE MARKETING LLCJOHN H SHAIDA