Spears

Oil & Gas Property in Young County, TX

  2. Texas
  3. Young County, TX
  4. Oil & Gas Properties in Young County, TX
  5. Spears Oil & Gas Property

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Property Summary

Key data points for Spears

CountyYoung County, TX
OperatorTEXOMA OIL TOOLS, INC.
Production DatesJan 1993 - Jun 2026
Total Oil Production86,099 BBLs
Total Gas Production38,498 MCF
Recent Oil Production167 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property8

Our Valuation Estimates for Spears

ShaleAssessment™

$5,135 *

MarketMultiple™

$20,924 **

* 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 Jun 2026

Wells on Spears

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-503-35931SPEARS 1TIERRA ENERGY, INC.Dry HoleYoung County, TX33.141435-98.748908
42-503-36241SPEARS 2ABILENE ENERGY EXPLORATIONPlugged Oil WellYoung County, TX33.141354-98.745352
42-503-38039SPEARS 3ABILENE ENERGY EXPLORATIONPermitted LocationYoung County, TX33.140356-98.743977
42-503-38677SPEARS 4TEXOMA OIL TOOLS, INC.InjectionYoung County, TX33.139904-98.745078
42-503-39660SPEARS 5VP OIL, INC.Plugged Oil WellYoung County, TX33.141861-98.739809
42-503-39669SPEARS 6VULTURE PETROLEUM CORPORATIONDry HoleYoung County, TX33.139686-98.743004
42-503-39704SPEARS 7TEXOMA OIL TOOLS, INC.ProducingYoung County, TX33.139653-98.740573
42-503-40250SPEARS 8VP OIL, INC.Plugged Oil WellYoung County, TX33.141293-98.745013

Leases included in Spears

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-22522SPEARSTEXOMA OIL TOOLS, INC.Young County, TX
09-25721SPEARSTEXOMA OIL TOOLS, INC.Young County, TX

Nearby Properties

These are the closest 20 properties to the Spears property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BullockYoung County, TX0 BBLs0 MCFJun 2023
Clark EstateYoung County, TX0 BBLs0 MCFApr 2026
DocktorYoung County, TX15 BBLs0 MCFJun 2026
HardinYoung County, TX14 BBLs0 MCFJun 2026
HolcombYoung County, TX261 BBLs692 MCFJun 2026
HuntYoung County, TX270 BBLs217 MCFJun 2026
Johnston JYoung County, TX36 BBLs0 MCFMay 2026
King-WilliamsYoung County, TX10 BBLs0 MCFMay 2026
Morgan & MarshallYoung County, TX259 BBLs0 MCFJun 2026
Ord Nan DYoung County, TX97 BBLs228 MCFJun 2026
PhillipsYoung County, TX90 BBLs0 MCFJun 2026
Ran-Mag UnitYoung County, TX0 BBLs0 MCFApr 2026
ReevesYoung County, TX98 BBLs0 MCFJun 2026
ReynoldsYoung County, TX486 BBLs0 MCFJun 2026
Scan-KingYoung County, TX159 BBLs231 MCFJun 2026
StandeferYoung County, TX0 BBLs0 MCFJan 2025
TexacoYoung County, TX37 BBLs0 MCFJun 2026
WilliamsYoung County, TX21 BBLs5 MCFJun 2026
WoodwardYoung County, TX104 BBLs5 MCFJun 2026
Woodward FarmsYoung County, TX20 BBLs0 MCFMay 2026

Companies in the Area

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

Company Name
Antle Operating, Inc.
Borderline Operating Corp.
C & C Operating, LLC
Citori Oil Company
Esna Operating Co., Inc.
Greco Operating, Inc.
Greco Operating, LLC
Hamilton, W. B., Estate
Herring, Ray
Hez Petroleum Company
Hill, R.M. Operating Inc.
Hill, T. R.
Ram Oil And Gas, Inc.
Ray Herring Operating Co., LLC
Romac Oil Company, Inc.
S.B. Street Operating, Inc.
Swanner Properties
Three P Operating Company
Tuthill & Barbee
Wes-Mor Drilling, Inc.

Owners of Spears

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026TEXOMA OIL TOOLS INCSPEARSTEXOMA OIL TOO

Oil & Gas Sales on Spears

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-25721SPEARSJun 2026RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMay 2026RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSApr 2026RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMar 2026RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSFeb 2026RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSDec 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSNov 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSOct 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSSep 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSAug 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSJul 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSJun 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMay 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSApr 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMar 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSFeb 2025RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSOct 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSSep 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSAug 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSJul 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSJun 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMay 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSApr 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSMar 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.
09-25721SPEARSFeb 2024RED RIVER CRUDE OIL LLCTEXOMA OIL TOOLS, INC.