Spence

Oil & Gas Property in Schleicher County, TX

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

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Property Summary

Key data points for Spence

CountySchleicher County, TX
Production DatesJan 1993 - Jun 2024
Total Oil Production11,004 BBLs
Total Gas Production3,559,394 MCF
Recent Oil Production0 BBLs in Jun 2024
Recent Gas Production2,704 MCF in Jun 2024
Wells on Property9

Our Valuation Estimates for Spence

ShaleAssessment™

$12,265 *

MarketMultiple™

$6,581 **

* 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 Jun 2024

Wells on Spence

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-413-30786SPENCE ESTATE 3NITRO OIL & GAS, LLCProducingSchleicher County, TX30.907455-100.433961
42-413-30812SPENCE D. W. 1BLACKSTONE ENERGY SERVICES LLCProducingSchleicher County, TX30.914760-100.436613
42-413-30821SPENCE, D. W. 2NEWHALL LAND & FARMING CO., THEDry HoleSchleicher County, TX30.918445-100.436262
42-413-30824SPENCE 4NITRO OIL & GAS, LLCProducingSchleicher County, TX30.911341-100.436537
42-413-30940SPENCE "A" 1NEWHALL LAND & FARMING CO., THEDry HoleSchleicher County, TX30.896500-100.434505
42-413-31217SPENCE, G. B. 1BURK ROYALTY COMPANYDry HoleSchleicher County, TX30.871792-100.436399
42-413-31405SPENCE ESTATE 5CABANA OIL CORP.Plugged Oil WellSchleicher County, TX30.904852-100.427705
42-413-32062SPENCE 1BOYD & MCWILLIAMS ENERGY GROUPDry HoleSchleicher County, TX30.885491-100.425784
42-413-32689SPENCE RANCH 1WEST BAY EXPLORATION COMPANYDry HoleSchleicher County, TX30.877367-100.432481

Leases included in Spence

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7C-07045SPENCE EST.CABANA OIL CORP.Schleicher County, TX
7C-082108SPENCE ESTATE 3NITRO OIL & GAS, LLCSchleicher County, TX
7C-083506SPENCE D. W. 1BLACKSTONE ENERGY SERVICES LLCSchleicher County, TX
7C-085615SPENCE 4NITRO OIL & GAS, LLCSchleicher County, TX
7C-11683SPENCE ESTATECABANA OIL CORP.Schleicher County, TX
7C-16731SPENCE ESTATENITRO OIL & GAS, LLCSchleicher County, TX

Operators Associated With Spence

Nearby Properties

These are the closest 6 properties to the Spence property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BaughSchleicher County, TX0 BBLs0 MCFSep 2023
Baugh-Spence 1Schleicher County, TX0 BBLs2,704 MCFJun 2024
Koy UnitSchleicher County, TX267 BBLs217 MCFJul 2024
PageSchleicher County, TX344 BBLs1,932 MCFJul 2024
Page J. A. Et Al 1Schleicher County, TX0 BBLs84 MCFJul 2024
RobinsonSchleicher County, TX144 BBLs0 MCFJul 2024

Companies in the Area

These are the closest 13 companies operating near the Spence property.

Company Name
Cabana Oil Corp.
Caraway Operating Co.
Cass Energy Corp
Chisholm Operating, Inc.
Huff, Jack
Nitro Oil & Gas, LLC
Parallel Petroleum Corporation
SMC Oil & Gas, Inc.
Tradition Resources Oper, LLC
Tucker Drilling Company, Inc.
Unitex Oil & Gas, L.L.C.
Williams Oil Company
Zachry Oil And Gas Properties

Owners of Spence

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024NITRO OIL & GAS LLCSPENCE ESTATENITRO OIL & GAS, LLC
2024NITRO OIL & GAS LLCSPENCE ESTATENITRO OIL & GAS, LLC
2024NITRO OIL & GAS LLCSPENCE ESTATENITRO OIL & GAS, LLC
2024BLACKSTONE ENERGY SERVICES LLCSPENCE, D WBLACKSTONE ENERGY SERV
2024POWERS ANNE DSPENCE ESTATENITRO OIL & GAS, LLC
2024POWERS ANNE DSPENCE ESTATENITRO OIL & GAS, LLC
2024POWERS ANNE DSPENCE ESTATENITRO OIL & GAS, LLC
2024MCRAE W C JRSPENCE ESTATENITRO OIL & GAS, LLC
Displaying 8 of 104 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
7C-082108SPENCE ESTATE 3Jun 2024NITRO OIL & GAS, LLC
7C-085615SPENCE 4Jun 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3May 2024NITRO OIL & GAS, LLC
7C-085615SPENCE 4May 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Apr 2024NITRO OIL & GAS, LLC
7C-085615SPENCE 4Apr 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Mar 2024NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Mar 2024BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Mar 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Feb 2024NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Feb 2024BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Feb 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Jan 2024NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Jan 2024BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Jan 2024NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Dec 2023NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Dec 2023BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Dec 2023NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Nov 2023NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Nov 2023BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Nov 2023NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Oct 2023NITRO OIL & GAS, LLC
7C-083506SPENCE D. W. 1Oct 2023BLACKSTONE ENERGY SERVICES LLC
7C-085615SPENCE 4Oct 2023NITRO OIL & GAS, LLC
7C-082108SPENCE ESTATE 3Sep 2023NITRO OIL & GAS, LLC