Spence

Oil & Gas Property in Brown County, TX

  2. Texas
  3. Brown County, TX
  4. Oil & Gas Properties in Brown County, TX
  5. Spence Oil & Gas Property

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Property Summary

Key data points for Spence

CountyBrown County, TX
Production DatesJan 1993 - Nov 2024
Total Oil Production26,727 BBLs
Total Gas Production62,524 MCF
Recent Oil Production64 BBLs in Oct 2024
Recent Gas Production0 MCF in Oct 2024
Wells on Property5

Our Valuation Estimates for Spence

ShaleAssessment™

$896 *

MarketMultiple™

$6,513 **

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

Based on a decimal interest

Spence Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spence
from Jan 1993 to Nov 2024

Wells on Spence

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-049-30922SPENCE A.P. 13 S PRODUCTION, INC.ProducingBrown County, TX32.008168-98.962412
42-049-30941SPENCE, A.P. 2BRITTANY DRILLING CO.Plugged Oil WellBrown County, TX32.009575-98.962240
42-049-31211SPENCE, A. P. 3PICKETT OIL COMPANYPlugged Oil/Gas WellBrown County, TX32.008268-98.957196
42-049-33532SPENCE 1FORMATION RECOVERY LLCTemp AbandonedBrown County, TX32.020368-98.966289
42-049-35675SPENCE, A. P. 2BRITTANY DRILLING CO.Dry HoleBrown County, TX32.006882-98.961630

Leases included in Spence

Lease #Lease NameOperatorCountyMonthly Oil Prod.
7B-100406SPENCE, A. P. 3PICKETT OIL COMPANYBrown County, TX
7B-118564SPENCE A.P. 1BRITTANY DRILLING CO.Brown County, TX
7B-123246SPENCE 1FORMATION RECOVERY LLCBrown County, TX
7B-13470SPENCE, A.P.BRITTANY DRILLING CO.Brown County, TX
7B-13624SPENCE A. P.ADOBE RESOURCES CORPORATIONBrown County, TX
7B-20147SPENCEFABER, DALEBrown County, TX
7B-20687SPENCEFABER, DALEBrown County, TX
7B-27983SPENCE, A.P.3 S PRODUCTION, INC.Brown County, TX

Operators Associated With Spence

Nearby Properties

These are the closest 20 properties to the Spence property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngelBrown County, TX0 BBLs46 MCFNov 2024
BatesBrown County, TX0 BBLs136 MCFNov 2024
Blair Lola LeeBrown County, TX1 BBLs146 MCFNov 2024
BurchamBrown County, TX0 BBLs200 MCFNov 2024
Lee WeldonBrown County, TX0 BBLs387 MCFNov 2024
Lester UnitBrown County, TX0 BBLs354 MCFNov 2024
Moore Ben HBrown County, TX0 BBLs93 MCFNov 2024
Murphree W.EBrown County, TX0 BBLs399 MCFNov 2024
Newman ThomasBrown County, TX0 BBLs34 MCFNov 2024
PalmoreBrown County, TX1 BBLs85 MCFNov 2024
RankinBrown County, TX0 BBLs373 MCFNov 2024
Ringhoffer A.HBrown County, TX4 BBLs1,757 MCFNov 2024
Spence Robert JBrown County, TX0 BBLs204 MCFNov 2024
StewartBrown County, TX0 BBLs272 MCFNov 2024
Voorhies MaurineBrown County, TX0 BBLs211 MCFNov 2024
Wheeler T.B. & W.LBrown County, TX0 BBLs111 MCFNov 2024
Williams WillieBrown County, TX0 BBLs161 MCFNov 2024
Woods H.TBrown County, TX0 BBLs0 MCFMay 2024
Woods MaudieBrown County, TX1 BBLs196 MCFNov 2024
Wright Bess LBrown County, TX0 BBLs19 MCFNov 2024

Companies in the Area

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

Company Name
Anderson Production
Arnot Oil Company, LLC
Bayou Operating Company, Inc.
Conquistador Petroleum,Inc.
Denteco Oil Company LLC
Gerry-Mac Oil, Inc.
Gopher Enterprises
Grand Banks Energy Company
Hood, J. F.
Ipact
KLH Oil & Gas, Inc.
Rodman Petroleum Corp.
Sequoia Energy Resources
So Operating Company
Southeastern Resources Corp.
Southwest Gas Systems, Inc.
Thunderbird Operating, L.L.C.
Wejco, Inc.
WG Operating, Inc.
Wilson Well Service Inc.

Owners of Spence

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20243 S PRODUCTION INCSPENCE, A P,3 S PRODUCTION INC
2024HENSON, LAURA LEASPENCE, A P,3 S PRODUCTION INC
2024SPENCE, ROBERT KSPENCE, A P,3 S PRODUCTION INC
2024SPENCE, TEDSPENCE, A P,3 S PRODUCTION INC
2024POLLOCK, CHRISTIAN MSPENCE, A P,3 S PRODUCTION INC
2024RIVERCREST ROYALTIES LLCSPENCE,FORMATION RECOVERY LLC
2024BOLDRICK FAMILY PROPERTIES LPSPENCE,FORMATION RECOVERY LLC
2024WINDOM ROYALTIES LLCSPENCE,FORMATION RECOVERY LLC
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spence

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-27983SPENCE, A.P.Aug 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Apr 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jan 2024BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Sep 2023BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jun 2023BML INC3 S PRODUCTION, INC.
7B-27983SPENCE, A.P.Jan 2020BML INC3 S PRODUCTION, INC.
7B-123246SPENCE 1Aug 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jul 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jun 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1May 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Apr 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Mar 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Feb 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jan 2017PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Dec 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Nov 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Oct 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-27983SPENCE, A.P.Sep 2016PLAINS MARKETING, L.P.PICKETT OIL COMPANY
7B-123246SPENCE 1Sep 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Aug 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jul 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Jun 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1May 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Apr 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC
7B-123246SPENCE 1Mar 2016PENINSULA PIPELINES (NORTH TEXAS) LLCFORMATION RECOVERY LLC