Spence

Oil & Gas Property in Cochran County, TX

Property Summary

Key data points for Spence

CountyCochran County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production142,898 BBLs
Total Gas Production1,342 MCF
Recent Oil Production65 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for Spence

ShaleAssessment

$6,334 *

MarketMultiple

$14,866 **

* 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 Oct 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, TX143 BBLs0 MCFOct 2024
Clouser M. HCochran County, TX331 BBLs0 MCFOct 2024
Cox WCochran County, TX16 BBLs0 MCFSep 2024
DeloacheHockley County, TX9,725 BBLs2,427 MCFOct 2024
FrenchCochran County, TX296 BBLs0 MCFOct 2024
IveyHockley County, TX135 BBLs0 MCFSep 2024
LaneyCochran County, TX278 BBLs0 MCFOct 2024
Miller-Wright UnitCochran County, TX1,929 BBLs0 MCFOct 2024
Neal BHockley County, TX11 BBLs0 MCFOct 2024
North Central Levelland UnitHockley County, TX21,540 BBLs4,304 MCFOct 2024
North-WrightCochran County, TX0 BBLs0 MCFAug 2024
Piercy CallieHockley County, TX638 BBLs0 MCFOct 2024
SilerCochran County, TX191 BBLs0 MCFOct 2024
SilveyHockley County, TX418 BBLs0 MCFSep 2024
SlaughterHockley County, TX114 BBLs0 MCFSep 2024
Smith George WCochran County, TX310 BBLs51 MCFOct 2024
Southeast Whiteface UnitHockley County, TX2,019 BBLs210 MCFOct 2024
SpitlerHockley County, TX166 BBLs0 MCFSep 2024
Whiteface UnitCochran County, TX465 BBLs708 MCFOct 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-03614SPENCEOct 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-60729SPENCE, B. F.Sep 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCESep 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
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-03614SPENCEApr 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-60729SPENCE, B. F.Apr 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEApr 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEMar 2024PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEMar 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Mar 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCEFeb 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Feb 2024PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-63217SPENCENov 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Nov 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-03614SPENCEOct 2023PHILLIPS 66 COMPANYMILTEX OIL COMPANY
8A-63217SPENCEOct 2023PHILLIPS 66 COMPANYACOMA OPERATING, LLC
8A-60729SPENCE, B. F.Oct 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