Spence

Oil & Gas Property in Cochran County, TX

Property Summary

Key data points for Spence

CountyCochran County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production142,831 BBLs
Total Gas Production1,342 MCF
Recent Oil Production111 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Spence

ShaleAssessment

$6,484 *

MarketMultiple

$16,426 **

* 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 Aug 2024

Wells on Spence

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-079-02550SPENCE 1MILTEX OIL COMPANYProducingCochran County, TX33.635598-102.633660
42-079-30068SPENCE B. F. 1ACOMA OPERATING, LLCProducingCochran County, TX33.635726-102.627475
42-079-31312SPENCE 1ACOMA OPERATING, LLCProducingCochran County, TX33.639470-102.633676

Leases included in Spence

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-03614SPENCEMILTEX OIL COMPANYCochran County, TX
8A-60729SPENCE, B. F.ACOMA OPERATING, LLCCochran County, TX
8A-63217SPENCEACOMA OPERATING, LLCCochran 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
AlexanderCochran County, TX83 BBLs0 MCFAug 2024
Clouser M. HCochran County, TX282 BBLs0 MCFAug 2024
Cox WCochran County, TX28 BBLs0 MCFAug 2024
DeloacheHockley County, TX11,254 BBLs3,036 MCFAug 2024
FrenchCochran County, TX297 BBLs0 MCFAug 2024
IveyHockley County, TX150 BBLs0 MCFAug 2024
LaneyCochran County, TX328 BBLs0 MCFAug 2024
Miller-Wright UnitCochran County, TX2,802 BBLs0 MCFAug 2024
Neal BHockley County, TX9 BBLs0 MCFAug 2024
North Central Levelland UnitHockley County, TX22,670 BBLs4,522 MCFAug 2024
North-WrightCochran County, TX415 BBLs0 MCFAug 2024
Piercy CallieHockley County, TX629 BBLs0 MCFAug 2024
SilerCochran County, TX152 BBLs0 MCFAug 2024
SilveyHockley County, TX451 BBLs0 MCFAug 2024
SlaughterHockley County, TX288 BBLs0 MCFAug 2024
Smith George WCochran County, TX348 BBLs50 MCFAug 2024
Southeast Whiteface UnitHockley County, TX2,505 BBLs276 MCFAug 2024
SpitlerHockley County, TX153 BBLs0 MCFAug 2024
Whiteface UnitCochran County, TX2,650 BBLs484 MCFAug 2024
WrightCochran County, TX0 BBLs0 MCFDec 2021

Owners of Spence

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MILTEX OIL COMPANYSPENCEMILTEX OIL COM
2024ACOMA OPERATING LLCSPENCE B FACOMA OPERATIN
2024PHILLIPS ANDYSPENCE B FACOMA OPERATIN
2024PHILLIPS ANDYSPENCEMILTEX OIL COM
2024ACOMA OPERATING LLCSPENCEACOMA OPERATIN
2024BROWN WILLIAM KENNETHSPENCE B FACOMA OPERATIN
2024BROWN WILLIAM KENNETHSPENCEMILTEX OIL COM
2024PHILLIPS ANDYSPENCEACOMA OPERATIN
Displaying 8 of 48 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
8A-03614SPENCEAug 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEJul 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Jul 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEMay 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.May 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Apr 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEApr 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEApr 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-60729SPENCE, B. F.Mar 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEMar 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEMar 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEFeb 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Feb 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Nov 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCENov 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Oct 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEOct 2023PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEOct 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCESep 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Sep 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Aug 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEAug 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Jul 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEJul 2023PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEJul 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC