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Texas oil lease

Producing

SPADE RANCH

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

4 wells

467bbl oil, last 12 months−72% vs prior year
Operator
Crownquest Operating, LLC
County
Mitchell County
Field
Ellwood (Mississippian)
RRC lease
08-50402

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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 72% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 72% over the last 12 months. 467 bbl in the 12 months through Jul 2026, against 1,651 bbl in the 12 months before.Last 12 months: 467 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for SPADE RANCH, Aug 2023 to Jul 2026. Oil output fell 72% over the last 12 months. 467 bbl in the 12 months through Jul 2026, against 1,651 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 5 months reported

Flaring peaked at 100.0% of the gas in Sep 2023.

All of the gas went to flaring in the 5 months reportedShare of SPADE RANCH gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 5 months reported. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the 5 months reportedShare of SPADE RANCH gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 5 months reported. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 5 months reported. 5 months above 3%.

4 wells on this lease

Wells on SPADE RANCH
API numberWell no.Status
42-335-35965351Active
42-431-33522W381Active
42-431-33523W371Active
42-431-33525W372Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Dec 1, 2018–
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 20, 2018Sep 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Apr 20, 2018Sep 1, 2025

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

Who buys my oilOil price check

103,766.76 acres on the newest permit

The wells on this lease state different acreage

The permits state between 652.6 and 103,766.76 acres.

Permits for Spade Ranch
API numberWell no.Acreson the permit
42-431-33525W372103,766.76
42-431-33522W381103,766.76
42-431-33523W371103,766.76
42-335-35965351652.60

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SPADE RANCH
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202620000$102.13$2.94
Apr 2026100000$100.32$2.77
Mar 2026180000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 2026820000$60.04$7.72
Dec 2025317190000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 20253291000$63.96$2.97
Aug 2025691000$64.86$2.91
Jul 20251000000$68.39$3.20
Jun 202590170000$68.17$3.02
May 202550167000$62.17$3.12
Apr 202591151000$63.54$3.42
Mar 202571161000$68.24$4.12
Feb 2025161161000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20243000000$70.12$3.01
Nov 2024234376000$69.95$2.12
Oct 2024260000$71.99$2.20
Sep 2024226712000$70.24$2.28
Aug 20243020000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 20243012000$79.77$2.54
May 2024378365000$80.02$2.12
Apr 20244237171,32601,326$85.35$1.60
Mar 2024621371000$81.28$1.49
Feb 20247031,072000$77.25$1.72
Jan 20246933561,37001,370$74.15$3.18
Dec 20238911,077000$71.90$2.52
Nov 20231,3101,4501,47001,470$77.69$2.71
Oct 202334607750775$85.64$2.98
Sep 20236883739000900$89.43$2.64
Aug 2023104710000$81.39$2.58

Flared above 3%

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, LLCFieldEllwood (Mississippian)CountyMitchell County

Crownquest Operating, LLC in Mitchell County

No other producing leases from this operator in this county are in our data yet.

Ellwood (Mississippian) field

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