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 - Nov 2025
Total Oil Production873 BBLs
Total Gas Production517,186 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production401 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Spears

ShaleAssessment™

$2,035 *

MarketMultiple™

$1,651 **

* 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 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, TX4 BBLs158 MCFNov 2025
Bowsher UnitPalo Pinto County, TX0 BBLs0 MCFMar 2022
Brannan HeirsPalo Pinto County, TX0 BBLs0 MCFJul 2022
CooperPalo Pinto County, TX60 BBLs2,315 MCFNov 2025
CorneliusPalo Pinto County, TX0 BBLs0 MCFMar 2022
DeckerPalo Pinto County, TX0 BBLs488 MCFNov 2025
F.B. Hill 1Parker County, TX38 BBLs2,226 MCFNov 2025
Holland JanetPalo Pinto County, TX0 BBLs0 MCFSep 2025
HoranPalo Pinto County, TX0 BBLs0 MCFMar 2022
Janet HollandPalo Pinto County, TX0 BBLs0 MCFAug 2019
Johnson, J. MPalo Pinto County, TX0 BBLs96 MCFNov 2025
L. W. PurefoyPalo Pinto County, TX0 BBLs0 MCFApr 2023
LloydPalo Pinto County, TX0 BBLs153 MCFNov 2025
ManleyPalo Pinto County, TX0 BBLs0 MCFNov 2025
McClendonPalo Pinto County, TX0 BBLs4,927 MCFNov 2025
McKeePalo Pinto County, TX0 BBLs20 MCFNov 2025
Oran-PattonPalo Pinto County, TX0 BBLs0 MCFSep 2012
SittonPalo Pinto County, TX52 BBLs734 MCFNov 2025
Walter RanchPalo Pinto County, TX251 BBLs12,537 MCFNov 2025
Yow -BPalo Pinto County, TX0 BBLs0 MCFNov 2025

Companies in the Area

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

Company Name
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.
Eagleridge Operating, LLC
EOG Resources, Inc.
Erwin Operating
Exorare Energy, Inc.
Federal Energy Development Co.
FX Energy Operating, LLC
Incendium Resources LLC
J-Tec Operating, LLC
Kornye-Tillman Company
Rhyne, J.V.
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 W#1J-TEC OPERATIN
2025J-TEC OPERATING LLCSPEARS,J.L. "A" #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. 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
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