Spencer

Oil Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Spencer Oil Property

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Property Summary

Key data points for Spencer

CountyMilam County, TX
OperatorTESUQUE OIL & GAS LLC
Production DatesFeb 2014 - Aug 2024
Total Oil Production8,798 BBLs
Total Gas Production0 MCF
Recent Oil Production70 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Spencer

ShaleAssessment™

$489 *

MarketMultiple™

$3,341 **

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

Based on a decimal interest

Spencer Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spencer
from Feb 2014 to Aug 2024

Wells on Spencer

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-34838SPENCER 3TESUQUE OIL & GAS LLCProducingMilam County, TX30.631157-96.996907
42-331-34839SPENCER 4TESUQUE OIL & GAS LLCProducingMilam County, TX30.631446-96.996014
42-331-34855SPENCER 1TESUQUE OIL & GAS LLCProducingMilam County, TX30.631791-96.997518
42-331-34856SPENCER 6TESUQUE OIL & GAS LLCProducingMilam County, TX30.631001-96.996119

Leases included in Spencer

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-18836SPENCERTESUQUE OIL & GAS LLCMilam County, TX

Nearby Properties

These are the closest 20 properties to the Spencer property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BetchanMilam County, TX17 BBLs0 MCFSep 2024
BocanegraMilam County, TX0 BBLs0 MCFMay 2023
Bradley-KevilMilam County, TX32 BBLs0 MCFSep 2024
ChaddockMilam County, TX5 BBLs0 MCFSep 2024
CoffieldMilam County, TX0 BBLs0 MCFJun 2024
CoffieldMilam County, TX0 BBLs0 MCFMar 2018
CookMilam County, TX0 BBLs0 MCFJun 2024
Coulter -BMilam County, TX0 BBLs0 MCFJul 2024
DymkeMilam County, TX4 BBLs0 MCFAug 2024
KrupeshMilam County, TX0 BBLs0 MCFJul 2024
LoewensteinMilam County, TX0 BBLs0 MCFMay 2014
McQuinn UnitMilam County, TX0 BBLs0 MCFAug 2023
NoackMilam County, TX1 BBLs0 MCFAug 2024
Orr RobertMilam County, TX0 BBLs0 MCFJun 2024
Plum CrazyMilam County, TX117 BBLs0 MCFAug 2024
Richard ThrasherMilam County, TX20 BBLs0 MCFSep 2024
Rielly R. WMilam County, TX3 BBLs0 MCFSep 2024
Sanders FarmMilam County, TX0 BBLs0 MCFJul 2024
Tyler, J.W. Et UxMilam County, TX0 BBLs0 MCFJun 2024
Vicki MillerMilam County, TX0 BBLs0 MCFJul 2024

Companies in the Area

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

Company Name
Arledge, Terry
B & B Drilling Co.
Chama Resources
Ernest Operating Company
Heartland Resources, Inc.
Hollub, Lambert Drilling Company
Jenkins, R. D.
Kingman Operating Company, Inc.
Leonard, J. A.
Navalo
One World Operating, LLC
Price Operating, LLC
Richard'S Texas Tea
S & JB, Inc.
S&JB, LLC
Sheldon Resources, L.P.
Stingray Oil Company, Inc.
Tesuque Oil & Gas LLC
Viceroy Petroleum, LP
Winchester Oil & Gas LLC

Owners of Spencer

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024TESUQUE OIL & GAS LLCSPENCERTESUQUE OIL &
2024TESUQUE OIL & GAS LLCSPENCERTESUQUE OIL &

Oil & Gas Sales on Spencer

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-18836SPENCERAug 2024ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERMar 2024ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERJan 2024ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCEROct 2023ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERAug 2023ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERMar 2023ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERDec 2022ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCEROct 2022ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERAug 2022ENERGY TRANSFER CRUDE MARKETING LLCTESUQUE OIL & GAS LLC
01-18836SPENCERJun 2022ACE GATHERING, INC.TESUQUE OIL & GAS LLC
01-18836SPENCERMar 2022ACE GATHERING, INC.TESUQUE OIL & GAS LLC
01-18836SPENCERSep 2021ACE GATHERING, INC.TESUQUE OIL & GAS LLC
01-18836SPENCERJul 20214J ENERGY, LLCTESUQUE OIL & GAS LLC
01-18836SPENCERMar 2021ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERJan 2021ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCEROct 2020ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERAug 2020ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERJun 2020ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERFeb 2020ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERNov 2019ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERAug 2019ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERMay 2019ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERMar 2019ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCERJan 2019ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC
01-18836SPENCEROct 2018ENERGY TRANSFER MARKETING & TERMINALS L.P.TESUQUE OIL & GAS LLC