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 2026
Total Oil Production873 BBLs
Total Gas Production519,099 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production405 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Spears

ShaleAssessment™

$1,898 *

MarketMultiple™

$2,134 **

* 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 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 BBLs90 MCFMar 2026
Bowsher UnitPalo Pinto County, TX0 BBLs4,004 MCFApr 2026
Brannan HeirsPalo Pinto County, TX0 BBLs0 MCFJul 2022
CorneliusPalo Pinto County, TX0 BBLs0 MCFMar 2022
DeckerPalo Pinto County, TX0 BBLs493 MCFApr 2026
Holland JanetPalo Pinto County, TX0 BBLs34 MCFApr 2026
HoranPalo Pinto County, TX0 BBLs0 MCFMar 2022
Janet HollandPalo Pinto County, TX0 BBLs0 MCFAug 2019
Johnson, J. MPalo Pinto County, TX0 BBLs97 MCFApr 2026
L. W. PurefoyPalo Pinto County, TX0 BBLs0 MCFApr 2023
LloydPalo Pinto County, TX0 BBLs196 MCFApr 2026
ManleyPalo Pinto County, TX0 BBLs954 MCFApr 2026
McKeePalo Pinto County, TX0 BBLs0 MCFFeb 2026
PurefoyPalo Pinto County, TX0 BBLs774 MCFApr 2026
RamseyPalo Pinto County, TX0 BBLs0 MCFMar 2022
ScudderPalo Pinto County, TX0 BBLs0 MCFSep 2021
SittonPalo Pinto County, TX32 BBLs629 MCFApr 2026
Walter RanchPalo Pinto County, TX166 BBLs7,174 MCFApr 2026
WaltersPalo Pinto County, TX0 BBLs0 MCFDec 2022
Yow -BPalo Pinto County, TX9 BBLs0 MCFMar 2026

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, L.P.
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
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