Spencer

Oil & Gas Property in Ochiltree County, TX

  2. Texas
  3. Ochiltree County, TX
  4. Oil & Gas Properties in Ochiltree County, TX
  5. Spencer Oil & Gas Property

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Property Summary

Key data points for Spencer

CountyOchiltree County, TX
OperatorMEWBOURNE OIL COMPANY
Production DatesSep 2009 - Jun 2025
Total Oil Production259,359 BBLs
Total Gas Production1,168,318 MCF
Recent Oil Production355 BBLs in May 2025
Recent Gas Production1,699 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Spencer

ShaleAssessment™

$20,593 *

MarketMultiple™

$46,657 **

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

Based on a decimal interest

Spencer Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spencer
from Sep 2009 to Jun 2025

Wells on Spencer

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-357-31467SPENCER "C" 1TXO PRODUCTION CORP.Canceled LocationOchiltree County, TX36.363591-100.549276
42-357-32821SPENCER 999 1HMEWBOURNE OIL COMPANYProducingOchiltree County, TX36.362193-100.548719
42-357-32934SPENCER 999 2HMEWBOURNE OIL COMPANYProducingOchiltree County, TX36.375959-100.563153
42-357-33070SPENCER 999 3HMEWBOURNE OIL COMPANYProducingOchiltree County, TX36.362285-100.553727

Leases included in Spencer

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-08032SPENCER "999"MEWBOURNE OIL COMPANYOchiltree County, TX

Nearby Properties

These are the closest 20 properties to the Spencer property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AltmillerOchiltree County, TX246 BBLs386 MCFJun 2025
Angel 909Lipscomb County, TX58 BBLs0 MCFMay 2025
Babe 940Lipscomb County, TX150 BBLs2,728 MCFJun 2025
BaileyLipscomb County, TX594 BBLs18,231 MCFJun 2025
BlauLipscomb County, TX0 BBLs344 MCFMay 2025
Brownlee 936Ochiltree County, TX224 BBLs2,208 MCFJun 2025
Buddy 998Lipscomb County, TX408 BBLs4,057 MCFJun 2025
Chance 1086Lipscomb County, TX281 BBLs955 MCFJun 2025
Collette 1029Lipscomb County, TX326 BBLs2,013 MCFJun 2025
Corky 913Ochiltree County, TX542 BBLs5,951 MCFJun 2025
DooneyLipscomb County, TX323 BBLs2,269 MCFJun 2025
Frosty 912Ochiltree County, TX416 BBLs5,465 MCFJun 2025
GinterLipscomb County, TX12 BBLs0 MCFMay 2025
HalliburtonOchiltree County, TX495 BBLs10,164 MCFJun 2025
LockhartOchiltree County, TX192 BBLs1,308 MCFJun 2025
Reckless 1028Lipscomb County, TX397 BBLs1,656 MCFJun 2025
Rio Ricks Upper Morrow UnitOchiltree County, TX133 BBLs0 MCFJun 2025
Sam 938Ochiltree County, TX279 BBLs3,305 MCFJun 2025
Santa FeOchiltree County, TX596 BBLs3,311 MCFJun 2025
SchoenhalsOchiltree County, TX268 BBLs3,041 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Spencer property.

Company Name
B And G Production, Inc.
Berexco Inc.
Courson Oil & Gas, Inc.
Crescendo Resources, L.P.
EOG Resources, Inc.
H & L Operating Company
Harper Production, LLC
Highmark Energy Operating, LLC
Holmes Exploration, LLC
Latigo Petroleum, LLC
Mewbourne Oil Company
Midstates Petroleum Company LLC
Overflow Energy, LLC
Presidio Petroleum LLC
Samson Lone Star LP
Sandlot Oil & Gas LLC
SCS Newton Oil LLC
Strat Land Exploration Company
Wildhorse Operating Company
Williford Energy Company

Owners of Spencer

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MEWBOURNE OIL COMPANY (MIN)SPENCER 999 #2HMEWBOURNE OIL CO
2025MEWBOURNE OIL COMPANY (MIN)SPENCER 999 #1HMEWBOURNE OIL CO
2025MEWBOURNE OIL COMPANY (MIN)SPENCER 999 #3HMEWBOURNE OIL CO
2025DP LEGACY CENTRAL LLCSPENCER 999 #2HMEWBOURNE OIL CO
2025DP LEGACY CENTRAL LLCSPENCER 999 #3HMEWBOURNE OIL CO
2025DP LEGACY CENTRAL LLCSPENCER 999 #1HMEWBOURNE OIL CO
2025TANNA ENERGY PARTNERS LPSPENCER 999 #2HMEWBOURNE OIL CO
2025TANNA ENERGY PARTNERS LPSPENCER 999 #3HMEWBOURNE OIL CO
Displaying 8 of 71 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spencer

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-08032SPENCER "999"Apr 2025VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Mar 2025VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Mar 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Mar 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Feb 2025VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Feb 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Feb 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Jan 2025VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Jan 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Jan 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Dec 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Dec 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Dec 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Nov 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Nov 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Nov 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Oct 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Oct 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Oct 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Sep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Sep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Aug 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Aug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-08032SPENCER "999"Aug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-08032SPENCER "999"Jul 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY