Spradling

Oil Property in Terry County, TX

Property Summary

Key data points for Spradling

CountyTerry County, TX
OperatorCREY OIL & GAS LLC
Production DatesJan 1998 - Feb 2026
Total Oil Production104,193 BBLs
Total Gas Production0 MCF
Recent Oil Production340 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property2

Our Valuation Estimates for Spradling

ShaleAssessment

$304 *

MarketMultiple

$19,948 **

* 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 2026

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 LLCSidetrack Well Surface LocationTerry 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 2 properties to the Spradling property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
EarnestTerry County, TX561 BBLs0 MCFFeb 2026
Ross Cotton Farms 120Terry County, TX22 BBLs0 MCFFeb 2026

Companies in the Area

These are the closest 4 companies operating near the Spradling property.

Company Name
R K Petroleum Corp.
Red Willow Production, LLC
Sei Operating, LLC
Tacoma Operating LLC

Owners of Spradling

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CREY OIL & GAS LLCSPRADLINGCREY OIL & GAS
2025SPRADLING LOUISE KINGSPRADLINGCREY OIL & GAS
2025BRANUM MARK LSPRADLINGCREY OIL & GAS
2025CAUTHEN JAMES ESPRADLINGCREY OIL & GAS
2025NORTHWOOD OIL CORPSPRADLINGCREY OIL & GAS

Oil & Gas Sales on Spradling

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-67893SPRADLINGSep 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGAug 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGJul 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGJun 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGMay 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGApr 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGMar 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGFeb 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGJan 2025PLAINS MARKETING, L.P.
8A-67893SPRADLINGDec 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGOct 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGSep 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGAug 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGJul 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGJun 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGMay 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGApr 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGMar 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGFeb 2024PLAINS MARKETING, L.P.
8A-67893SPRADLINGJan 2024PLAINS MARKETING, L.P.
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.