Spears

Oil & Gas Property in Palo Pinto County, TX

  2. Texas
  3. Palo Pinto County, TX
  4. Oil & Gas Properties in Palo Pinto County, TX
  5. Spears Oil & Gas Property

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Property Summary

Key data points for Spears

CountyPalo Pinto County, TX
Production DatesJan 1993 - Feb 2026
Total Oil Production873 BBLs
Total Gas Production518,307 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production397 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Spears

ShaleAssessment™

$1,950 *

MarketMultiple™

$2,133 **

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

Based on a decimal interest

Spears Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spears
from Jan 1993 to Feb 2026

Wells on Spears

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-31953SPEARS J.L. 1J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.961941-98.103066
42-363-33681SPEARS J.L. A 1J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.964746-98.108036
42-363-36052SPEARS UNIT 1HEOG RESOURCES, INC.Horizontal Well Surface LocatioPalo Pinto County, TX32.962505-98.103535

Leases included in Spears

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-078518SPEARS J.L. 1J-TEC OPERATING, LLCPalo Pinto County, TX
7B-120971SPEARS J.L. A 1J-TEC OPERATING, LLCPalo Pinto County, TX

Operators Associated With Spears

Nearby Properties

These are the closest 20 properties to the Spears property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BaileyParker County, TX0 BBLs107 MCFMar 2026
Bowsher UnitPalo Pinto County, TX0 BBLs45 MCFMar 2026
Brannan HeirsPalo Pinto County, TX0 BBLs0 MCFJul 2022
CorneliusPalo Pinto County, TX0 BBLs0 MCFMar 2022
DeckerPalo Pinto County, TX0 BBLs483 MCFFeb 2026
Holland JanetPalo Pinto County, TX0 BBLs34 MCFMar 2026
HoranPalo Pinto County, TX0 BBLs0 MCFMar 2022
Janet HollandPalo Pinto County, TX0 BBLs0 MCFAug 2019
Johnson, J. MPalo Pinto County, TX0 BBLs95 MCFFeb 2026
L. W. PurefoyPalo Pinto County, TX0 BBLs0 MCFApr 2023
LloydPalo Pinto County, TX0 BBLs211 MCFMar 2026
ManleyPalo Pinto County, TX0 BBLs1,113 MCFMar 2026
McKeePalo Pinto County, TX0 BBLs37 MCFFeb 2026
PurefoyPalo Pinto County, TX0 BBLs505 MCFMar 2026
RamseyPalo Pinto County, TX0 BBLs0 MCFMar 2022
SingletonPalo Pinto County, TX0 BBLs0 MCFMar 2022
SittonPalo Pinto County, TX52 BBLs588 MCFFeb 2026
Walter RanchPalo Pinto County, TX220 BBLs9,208 MCFFeb 2026
WaltersPalo Pinto County, TX0 BBLs0 MCFDec 2022
Yow -BPalo Pinto County, TX0 BBLs19 MCFFeb 2026

Companies in the Area

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

Company Name
3-R Production, Inc.
Albert, David Oil & Gas
Ando Energy, Inc.
Arnot Oil Company, LLC
Arnot, W. G., Jr.
Arrowhead Productions, LP
Case Resources, LLC
Chanze Oil Co., Inc.
Devon Energy Production Company, L.P.
EOG Resources Inc
Erwin Operating
Erwin, James D.
Exorare Energy, Inc.
Federal Energy Development Co.
FX Energy Operating, LLC
Incendium Resources LLC
J-Tec Operating, LLC
Kornye-Tillman Company
Roanoke Corporation
Trumter Petroleum Corporation

Owners of Spears

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025J-TEC OPERATING LLCSPEARS,J.L. "A" #1J-TEC OPERATIN
2025J-TEC OPERATING LLCSPEARS J L W#1J-TEC OPERATIN
2025ROBERSON ARTHUR RSPEARS,J.L. "A" #1J-TEC OPERATIN
2025ROBERSON ARTHUR RSPEARS J L W#1J-TEC OPERATIN
2025NOBLE ROY ACF VI LPSPEARS,J.L. "A" #1J-TEC OPERATIN
2025NOBLE ROY ACF VI LPSPEARS J L W#1J-TEC OPERATIN
2025SAULBLUE LPSPEARS,J.L. "A" #1J-TEC OPERATIN
2025SAULBLUE LPSPEARS J L W#1J-TEC OPERATIN
Displaying 8 of 20 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spears

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-078518SPEARS J.L. 1Feb 2026COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Feb 2026COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jan 2026COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jan 2026COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Dec 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Dec 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Nov 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Nov 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Oct 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Oct 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Sep 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Sep 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Aug 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Aug 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jun 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jun 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1May 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1May 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Apr 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Apr 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Mar 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Mar 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Feb 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Feb 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jan 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC