Spears

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Spears

CountyPalo Pinto County, TX
Production DatesJan 1993 - Nov 2023
Total Oil Production873 BBLs
Total Gas Production507,026 MCF
Recent Oil Production0 BBLs in Nov 2023
Recent Gas Production574 MCF in Nov 2023
Wells on Property3

Our Valuation Estimates for Spears

ShaleAssessment

$2,878 *

MarketMultiple

$1,711 **

* 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 Nov 2023

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 BBLs407 MCFDec 2023
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 BBLs700 MCFNov 2023
Holland JanetPalo Pinto County, TX0 BBLs41 MCFDec 2023
HoranPalo Pinto County, TX0 BBLs0 MCFMar 2022
Janet HollandPalo Pinto County, TX0 BBLs0 MCFAug 2019
Johnson, J. MPalo Pinto County, TX0 BBLs138 MCFNov 2023
L. W. PurefoyPalo Pinto County, TX0 BBLs0 MCFApr 2023
LloydPalo Pinto County, TX0 BBLs1,634 MCFDec 2023
ManleyPalo Pinto County, TX0 BBLs520 MCFDec 2023
McKeePalo Pinto County, TX0 BBLs80 MCFDec 2023
Oran-PattonPalo Pinto County, TX0 BBLs0 MCFSep 2012
PurefoyPalo Pinto County, TX0 BBLs247 MCFDec 2023
ScudderPalo Pinto County, TX0 BBLs0 MCFSep 2021
SittonPalo Pinto County, TX5 BBLs668 MCFDec 2023
Walter RanchPalo Pinto County, TX339 BBLs14,165 MCFDec 2023
WaltersPalo Pinto County, TX0 BBLs0 MCFDec 2022
Yow -BPalo Pinto County, TX0 BBLs0 MCFOct 2023

Owners of Spears

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023J-TEC OPERATING LLCSPEARS J L W#1J-TEC OPERATIN
2023ROBERSON ARTHUR RSPEARS J L W#1J-TEC OPERATIN
2023J-TEC OPERATING LLCSPEARS J L W#1J-TEC OPERATIN
2023NOBLE ROY ACF VI LPSPEARS J L W#1J-TEC OPERATIN
2023SAULBLUE LPSPEARS J L W#1J-TEC OPERATIN
2023ROBERSON ARTHUR RSPEARS J L W#1J-TEC OPERATIN
2023COE COLLEGESPEARS J L W#1J-TEC OPERATIN
2023MARTIN BRUCE WAYNESPEARS 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. 1Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Sep 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Sep 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Aug 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Aug 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1May 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1May 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Apr 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Apr 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Dec 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-120971SPEARS J.L. A 1Dec 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-078518SPEARS J.L. 1Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC