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Texas oil lease

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SPADE RANCH

Spade Ranch is an oil lease in Mitchell County, Texas, operated by Crownquest Operating, LLC in the Lucky Strike (Strawn) field.

3 wells

34bbl oil, last 12 months−94% vs prior year
Operator
Crownquest Operating, LLC
County
Mitchell County
Field
Lucky Strike (Strawn)
RRC lease
08-48559

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Where it sits

This county

Mitchell CountyMitchellFisherNolanHowardCokeScurryBordenMitchell County
Mitchell County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 94% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 94% over the last 12 monthsMonthly oil production for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 94% over the last 12 months. 34 bbl in the 12 months through Jul 2026, against 550 bbl in the 12 months before.Last 12 months: 34 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 94% over the last 12 monthsMonthly oil production for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 94% over the last 12 months. 34 bbl in the 12 months through Jul 2026, against 550 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

3 wells on this lease

Wells on SPADE RANCH
API numberWell no.Status
42-335-35935342Shut-in
42-335-35938381Shut-in
42-335-35964271Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bml, Inc. BOilGathers100Dec 1, 2018
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 29, 2016
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 29, 2016

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

652.40 acres on the newest permit

The wells on this lease state different acreage

The permits state between 652.4 and 104,406.75 acres.

Permits for Spade Ranch
API numberWell no.Acreson the permit
42-335-35964271652.40
42-335-3593534232,724
42-335-35938381104,406.75

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for SPADE RANCH
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 202600$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 20251474$63.96$2.97
Aug 20252080$64.86$2.91
Jul 202500$68.39$3.20
Jun 2025380$68.17$3.02
May 202553159$62.17$3.12
Apr 202550151$63.54$3.42
Mar 202565161$68.24$4.12
Feb 202563161$71.53$4.19
Jan 2025480$75.74$4.13
Dec 2024470$70.12$3.01
Nov 2024570$69.95$2.12
Oct 2024560$71.99$2.20
Sep 2024310$70.24$2.28
Aug 2024420$76.68$1.99
Jul 2024870$81.80$2.07
Jun 20241090$79.77$2.54
May 202484358$80.02$2.12
Apr 2024870$85.35$1.60
Mar 2024121371$81.28$1.49
Feb 20241370$77.25$1.72
Jan 2024744$74.15$3.18
Dec 202300$71.90$2.52
Nov 202300$77.69$2.71
Oct 202300$85.64$2.98
Sep 202300$89.43$2.64
Aug 202300$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorCrownquest Operating, LLCFieldLucky Strike (Strawn)CountyMitchell County

Crownquest Operating, LLC in Mitchell County

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Lucky Strike (Strawn) field

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