Skip to content
Royalty Clerk

Texas oil lease

Shut in

SPEAR

Spear is an oil lease in Stephens County, Texas, operated by Wallace Operating Company LLC in the Stephens County Regular field.

5 wells

0bbl oil, last 12 months
Operator
Wallace Operating Company LLC
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-27576

Is your check right?

Check my statement

Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Oil in May 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

2 months were not reported.

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for SPEAR, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2024, at 19 bbl.Last 12 months: 0 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for SPEAR, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2024, at 19 bbl.Last 12 monthsbbl per month020406080Jan 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.

Who has run this lease

The operator changed 3 times, most recently in Jan 2025

Operators of this lease over timeClearly Petroleum, LLC, Jan 2020 to Apr 2020; GTG Operating, LLC, May 2020 to Jan 2024; Team Operating, L.L.C., Feb 2024 to Dec 2024; Wallace Operating Company LLC, Jan 2025 to May 20262020202120222023202420252026Changed May 2020Changed Feb 2024Changed Jan 2025Clearly Petroleum, LLCJan 2020 to Apr 2020GTG Operating, LLCMay 2020 to Jan 2024Team Operating, L.L.C.Feb 2024 to Dec 2024Wallace Operating Company LLCJan 2025 to now
Operators of this lease over timeClearly Petroleum, LLC, Jan 2020 to Apr 2020; GTG Operating, LLC, May 2020 to Jan 2024; Team Operating, L.L.C., Feb 2024 to Dec 2024; Wallace Operating Company LLC, Jan 2025 to May 20262020202120222023202420252026Changed May 2020Changed Feb 2024Changed Jan 2025Clearly Petroleum, LLCJan 2020 to Apr 2020GTG Operating, LLCMay 2020 to Jan 2024Team Operating, L.L.C.Feb 2024 to Dec 2024Wallace Operating Company LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on SPEAR
API numberWell no.Status
42-429-326372WIShut-in
42-429-355233Shut-in
42-429-355944Shut-in
42-429-355985Shut-in
42-429-366327Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2023–
Energy Trans Crude Marketing LLCOilGathers100Mar 30, 2021Sep 1, 2023
Hanlon Gas Processing, Ltd.Casinghead gasGathers100Nov 1, 2010Mar 30, 2021
Hanlon Gas Processing, Ltd.Casinghead gasBuys100Nov 1, 2010Mar 30, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2010Mar 30, 2021

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Spear
API numberWell no.Acreson the permit
42-429-366327320
42-429-355985320
42-429-355944320
42-429-326372WI320
42-429-355233320

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SPEAR
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026No report––$84.81$3.15
May 2026Wallace Operating00$102.13$2.94
Apr 2026Wallace Operating00$100.32$2.77
Mar 2026Wallace Operating00$91.38$3.04
Feb 2026Wallace Operating00$64.51$3.62
Jan 2026Wallace Operating00$60.04$7.72
Dec 2025Wallace Operating00$57.97$4.26
Nov 2025Wallace Operating00$60.06$3.79
Oct 2025Wallace Operating00$60.89$3.19
Sep 2025Wallace Operating00$63.96$2.97
Aug 2025Wallace Operating00$64.86$2.91
Jul 2025Wallace Operating00$68.39$3.20
Jun 2025Wallace Operating00$68.17$3.02
May 2025Wallace Operating00$62.17$3.12
Apr 2025Wallace Operating00$63.54$3.42
Mar 2025Wallace Operating00$68.24$4.12
Feb 2025Wallace Operating00$71.53$4.19
Jan 2025Wallace Operating00$75.74$4.13
Dec 2024Team Operating,190$70.12$3.01
Nov 2024Team Operating,20169$69.95$2.12
Oct 2024Team Operating,180$71.99$2.20
Sep 2024Team Operating,200$70.24$2.28
Aug 2024Team Operating,170$76.68$1.99
Jul 2024Team Operating,270$81.80$2.07
Jun 2024Team Operating,270$79.77$2.54
May 2024Team Operating,170$80.02$2.12
Apr 2024Team Operating,200$85.35$1.60
Mar 2024Team Operating,22105$81.28$1.49
Feb 2024Team Operating,430$77.25$1.72
Jan 2024GTG Operating,340$74.15$3.18
Dec 2023GTG Operating,300$71.90$2.52
Nov 2023GTG Operating,320$77.69$2.71
Oct 2023GTG Operating,78158$85.64$2.98
Sep 2023GTG Operating,70$89.43$2.64
Aug 2023GTG Operating,90$81.39$2.58

No report filed

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorWallace Operating Company LLCFieldStephens County RegularCountyStephens County

Wallace Operating Company LLC in Stephens County

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

Stephens County Regular field

All leases in this field →

Leases within 10 km

New drilling permits in Stephens County

Newest in the county: this lease has no coordinates.