Spear

Oil & Gas Property in Gregg County, TX

Property Summary

Key data points for Spear

CountyGregg County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production52,280 BBLs
Total Gas Production5,690,489 MCF
Recent Oil Production7 BBLs in Dec 2024
Recent Gas Production1,143 MCF in Dec 2024
Wells on Property6

Our Valuation Estimates for Spear

ShaleAssessment

$17,156 *

MarketMultiple

$4,519 **

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

Based on a decimal interest

Spear Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spear
from Jan 1993 to Jan 2025

Wells on Spear

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-183-30627SPEAR 1FAULCONER ENERGY, LLCProducingGregg County, TX32.591099-94.750452
42-183-30923SPEAR 2FAULCONER ENERGY, LLCProducingGregg County, TX32.592333-94.741091
42-183-30925SPEAR 4FAULCONER ENERGY, LLCTemp AbandonedGregg County, TX32.597372-94.746414
42-183-30929SPEAR 3FAULCONER ENERGY, LLCProducingGregg County, TX32.592330-94.741027
42-183-30933SPEAR 5FAULCONER ENERGY, LLCProducingGregg County, TX32.598103-94.738532
42-183-30979SPEAR 6SONAT EXPLORATION COMPANY -TYLERPlugged Gas WellGregg County, TX32.599390-94.731213

Leases included in Spear

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-114667SPEAR 1SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-142040SPEAR 4FAULCONER ENERGY, LLCGregg County, TX
06-142218SPEAR 5FAULCONER ENERGY, LLCGregg County, TX
06-142911SPEAR 2FAULCONER ENERGY, LLCGregg County, TX
06-144119SPEAR 6SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-144381SPEAR 3FAULCONER ENERGY, LLCGregg County, TX
06-167389SPEAR 6SONAT EXPLORATION COMPANY -TYLERGregg County, TX
06-168494SPEAR 3FAULCONER ENERGY, LLCGregg County, TX
06-168567SPEAR 2FAULCONER ENERGY, LLCGregg County, TX
06-173153SPEAR 1FAULCONER ENERGY, LLCGregg County, TX
06-261462SPEAR 1FAULCONER ENERGY, LLCGregg County, TX

Nearby Properties

These are the closest 20 properties to the Spear property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarrettGregg County, TX47 BBLs333 MCFJan 2025
Boswell 1Gregg County, TX0 BBLs5,043 MCFJan 2025
BrutonGregg County, TX12 BBLs340 MCFJan 2025
Double K Gas Unit 1HGregg County, TX52 BBLs6,326 MCFJan 2025
Evans M. WGregg County, TX0 BBLs204 MCFJan 2025
Golden Jones A (Aw) 1HGregg County, TX2,412 BBLs109,477 MCFJan 2025
Hamby HeirsGregg County, TX107 BBLs2,483 MCFJan 2025
Hiett Gas Unit 1HGregg County, TX35 BBLs7,133 MCFJan 2025
KillingsworthGregg County, TX225 BBLs2,273 MCFJan 2025
MackeyGregg County, TX399 BBLs8,665 MCFJan 2025
McLendon-CombestGregg County, TX377 BBLs28,636 MCFJan 2025
Meadows Gas UnitGregg County, TX0 BBLs1,046 MCFJan 2025
MeltonGregg County, TX43 BBLs5,942 MCFJan 2025
PriceGregg County, TX62 BBLs9,791 MCFJan 2025
Smead HeirsGregg County, TX969 BBLs182,503 MCFJan 2025
StoneGregg County, TX282 BBLs1,077 MCFJan 2025
Stone Gu 1-Mackey Heirs (Alloc) 1HGregg County, TX108 BBLs10,608 MCFJan 2025
Stone Gu1-McLendon-Combest (Allo 1HGregg County, TX265 BBLs19,124 MCFJan 2025
TreadawayGregg County, TX201 BBLs2,332 MCFJan 2025
Whitehurst T. F. EstGregg County, TX169 BBLs1,524 MCFJan 2025

Owners of Spear

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FAULCONER ENERGY 2023 LLPSPEAR #1-5FAULCONER ENER
2024FAULCONER ENERGY 2023 LLPSPEAR #1-5FAULCONER ENER
2024FAULCONER ENERGY 2023 LLPSPEAR #1-5FAULCONER ENER
2024CEFALU PATSY ANNE DSPEAR #1-5FAULCONER ENER
2024FULLER BILLIE LOUISE DSPEAR #1-5FAULCONER ENER
2024SMITH MARY LOUISE BISHOPSPEAR #1-5FAULCONER ENER
2024WRIGHT LARRY GSPEAR #1-5FAULCONER ENER
2024CEFALU PATSY ANNE DSPEAR #1-5FAULCONER ENER
Displaying 8 of 583 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spear

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-142218SPEAR 5Sep 2024FAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2024EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Sep 2024FAULCONER ENERGY, LLC
06-261462SPEAR 1Sep 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5Aug 2024FAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2024EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Aug 2024FAULCONER ENERGY, LLC
06-261462SPEAR 1Aug 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5Jul 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2024EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2024FAULCONER ENERGY, LLC
06-142911SPEAR 2Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Jul 2024FAULCONER ENERGY, LLC
06-261462SPEAR 1Jul 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5Jun 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5Jun 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jun 2024EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2Jun 2024FAULCONER ENERGY, LLC
06-142911SPEAR 2Jun 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-261462SPEAR 1Jun 2024FAULCONER ENERGY, LLC
06-261462SPEAR 1Jun 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142218SPEAR 5May 2024FAULCONER ENERGY, LLC
06-142218SPEAR 5May 2024FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-142911SPEAR 2May 2024EASTEX CRUDE COMPANY, LLCFAULCONER ENERGY, LLC