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 - Apr 2025
Total Oil Production873 BBLs
Total Gas Production514,391 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production352 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Spears

ShaleAssessment™

$2,256 *

MarketMultiple™

$1,431 **

* 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 Apr 2025

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, TX21 BBLs17 MCFApr 2025
Bowsher UnitPalo Pinto County, TX0 BBLs0 MCFMar 2022
Brannan HeirsPalo Pinto County, TX0 BBLs0 MCFJul 2022
CorneliusPalo Pinto County, TX0 BBLs0 MCFMar 2022
DeckerPalo Pinto County, TX0 BBLs429 MCFApr 2025
Holland JanetPalo Pinto County, TX0 BBLs40 MCFApr 2025
HoranPalo Pinto County, TX0 BBLs0 MCFMar 2022
Janet HollandPalo Pinto County, TX0 BBLs0 MCFAug 2019
Johnson, J. MPalo Pinto County, TX0 BBLs85 MCFApr 2025
L. W. PurefoyPalo Pinto County, TX0 BBLs0 MCFApr 2023
LloydPalo Pinto County, TX0 BBLs0 MCFApr 2025
ManleyPalo Pinto County, TX0 BBLs110 MCFApr 2025
McKeePalo Pinto County, TX0 BBLs0 MCFAug 2024
Oran-PattonPalo Pinto County, TX0 BBLs0 MCFSep 2012
PurefoyPalo Pinto County, TX0 BBLs663 MCFApr 2025
RamseyPalo Pinto County, TX0 BBLs0 MCFMar 2022
ScudderPalo Pinto County, TX0 BBLs0 MCFSep 2021
SittonPalo Pinto County, TX0 BBLs179 MCFApr 2025
Walter RanchPalo Pinto County, TX148 BBLs10,144 MCFApr 2025
Yow -BPalo Pinto County, TX0 BBLs115 MCFMar 2025

Companies in the Area

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

Company Name
3-R Production, Inc.
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 LP
Eagleridge Operating, LLC
EOG Resources, Inc.
Erwin Operating
Federal Energy Development Co.
FX Energy Operating, LLC
Incendium Resources LLC
J-Tec Operating, LLC
Kornye-Tillman Company
McKee, Kenneth W. Oil Co.
Roanoke Corporation
Swan Production Co.
Trumter Petroleum Corporation

Owners of Spears

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024J-TEC OPERATING LLCSPEARS J L W#1J-TEC OPERATIN
2024J-TEC OPERATING LLCSPEARS,J.L. "A" #1J-TEC OPERATIN
2024ROBERSON ARTHUR RSPEARS,J.L. "A" #1J-TEC OPERATIN
2024ROBERSON ARTHUR RSPEARS J L W#1J-TEC OPERATIN
2024NOBLE ROY ACF VI LPSPEARS,J.L. "A" #1J-TEC OPERATIN
2024NOBLE ROY ACF VI LPSPEARS J L W#1J-TEC OPERATIN
2024SAULBLUE LPSPEARS,J.L. "A" #1J-TEC OPERATIN
2024SAULBLUE LPSPEARS J L W#1J-TEC OPERATIN
Displaying 8 of 18 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. 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
7B-120971SPEARS J.L. A 1Jan 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Dec 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Dec 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Nov 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Nov 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Oct 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Oct 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Sep 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Sep 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jul 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jul 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC