Spradling

Oil Property in Terry County, TX

  2. Texas
  3. Terry County, TX
  4. Oil & Gas Properties in Terry County, TX
  5. Spradling Oil Property

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Property Summary

Key data points for Spradling

CountyTerry County, TX
OperatorCREY OIL & GAS LLC
Production DatesJan 1998 - Feb 2024
Total Oil Production96,747 BBLs
Total Gas Production0 MCF
Recent Oil Production820 BBLs in Jan 2024
Recent Gas Production0 MCF in Jan 2024
Wells on Property2

Our Valuation Estimates for Spradling

ShaleAssessment™

$454 *

MarketMultiple™

$38,287 **

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

Based on a decimal interest

Spradling Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spradling
from Jan 1998 to Feb 2024

Wells on Spradling

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-445-00630SPRADLING 2CREY OIL & GAS LLCShut InTerry County, TX33.151270-102.440584
42-445-31844SPRADLING 1CREY OIL & GAS LLCProducingTerry County, TX33.150511-102.445599

Leases included in Spradling

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-67893SPRADLINGCREY OIL & GAS LLCTerry County, TX

Nearby Properties

These are the closest 4 properties to the Spradling property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black, Allean CTerry County, TX387 BBLs0 MCFFeb 2024
EarnestTerry County, TX406 BBLs0 MCFFeb 2024
Phillips 42Terry County, TX368 BBLs0 MCFJan 2024
Ross Cotton Farms 120Terry County, TX116 BBLs0 MCFFeb 2024

Companies in the Area

These are the closest 7 companies operating near the Spradling property.

Company Name
COG Operating LLC
Great Western Drilling Co
Magnys Operations, LLC
R K Petroleum Corp.
Red Willow Production, LLC
Sei Operating, LLC
V-F Petroleum Inc.

Owners of Spradling

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CREY OIL & GAS LLCSPRADLINGCREY OIL & GAS
2023SPRADLING LOUISE KINGSPRADLINGCREY OIL & GAS
2023BRANUM MARK LSPRADLINGCREY OIL & GAS
2023CAUTHEN JAMES ESPRADLINGCREY OIL & GAS
2023NORTHWOOD OIL CORPSPRADLINGCREY OIL & GAS

Oil & Gas Sales on Spradling

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-67893SPRADLINGSep 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGAug 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGJul 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGJun 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGMay 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGApr 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGMar 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGFeb 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGJan 2023PLAINS MARKETING, L.P.
8A-67893SPRADLINGDec 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGNov 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGOct 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGSep 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGAug 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGJul 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGJun 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGMay 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGApr 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGMar 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGFeb 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGJan 2022PLAINS MARKETING, L.P.
8A-67893SPRADLINGDec 2021PLAINS MARKETING, L.P.
8A-67893SPRADLINGNov 2021PLAINS MARKETING, L.P.
8A-67893SPRADLINGOct 2021PLAINS MARKETING, L.P.
8A-67893SPRADLINGSep 2021PLAINS MARKETING, L.P.