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Texas oil lease

Producing

SPEAR REYNOLDS C-A ULW A

Spear Reynolds C-A Ulw A is an oil lease in Karnes County, Texas, operated by Burlington Resources O & G Co LP in the Eagleville (Eagle Ford-2) field.

1 well

14,426bbl oil, last 12 months−41% vs prior year
RRC lease
02-12269

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
45,164 mcf
Oil in Jul 2026
967 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 23% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS C-A ULW A, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 14,426 bbl in the 12 months through Jul 2026, against 24,514 bbl in the 12 months before.Last 12 months: 14,426 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS C-A ULW A, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 14,426 bbl in the 12 months through Jul 2026, against 24,514 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of SPEAR REYNOLDS C-A ULW A gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of SPEAR REYNOLDS C-A ULW A gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SPEAR REYNOLDS C-A ULW A
API numberWell no.Status
42-255-369941Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Conocophillips CompanyOilGathers34Nov 16, 2021
Flint Hills Resources, LPOilGathers33Nov 16, 2021
Valero Marketing and Supply Co.OilGathers33Nov 16, 2021
Conocophillips CompanyCasinghead gasBuys100Nov 16, 2021
Burlington Resources O & G CO LPCasinghead gasGathers100Nov 16, 2021

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

1,024 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Spear Reynolds C-A Ulw A
API numberWell no.Acreson the permit
42-255-3699411,024

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Burlington Resources O & G Co LP is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for SPEAR REYNOLDS C-A ULW A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202696796764640$80.46$2.89
Jun 20266666550$84.81$3.15
May 2026002,4552,4550$102.13$2.94
Apr 20265095091,7661,7660$100.32$2.77
Mar 20262,9552,95511,12911,1290$91.38$3.04
Feb 202600000$64.51$3.62
Jan 20261,4141,4143,7613,7610$60.04$7.72
Dec 20251,5101,5103,9163,9160$57.97$4.26
Nov 20251,6271,6274,5494,5490$60.06$3.79
Oct 20251,7601,7605,5185,5180$60.89$3.19
Sep 20251,8131,8135,5395,5390$63.96$2.97
Aug 20251,8051,8056,4626,4620$64.86$2.91
Jul 20251,7451,7456,4546,4540$68.39$3.20
Jun 20251,6761,6765,6875,6870$68.17$3.02
May 20251,9661,9664,5394,5390$62.17$3.12
Apr 20251,9561,9563,6793,6790$63.54$3.42
Mar 20251,9661,9664,6914,6910$68.24$4.12
Feb 20251,8471,8474,5054,5050$71.53$4.19
Jan 20252,1072,1075,3745,3740$75.74$4.13
Dec 20242,1722,1725,6625,6620$70.12$3.01
Nov 20242,1482,1485,8275,8270$69.95$2.12
Oct 20242,2172,2177,8927,8920$71.99$2.20
Sep 20241,7261,7265,8545,8540$70.24$2.28
Aug 20242,9882,98813,59013,5900$76.68$1.99
Jul 20241,2971,2971,6711,6710$81.80$2.07
Jun 20241,8081,8085,9785,9780$79.77$2.54
May 20242,4262,4269,0199,0190$80.02$2.12
Apr 20242,2472,2479,0659,0650$85.35$1.60
Mar 20242,3322,3329,5639,5630$81.28$1.49
Feb 20242,3302,3309,4639,4630$77.25$1.72
Jan 20242,6482,64810,59810,5980$74.15$3.18
Dec 20232,6562,65611,22411,2240$71.90$2.52
Nov 20232,8062,80611,51611,5160$77.69$2.71
Oct 20233,1533,15312,80912,8090$85.64$2.98
Sep 20233,2643,26413,27713,2770$89.43$2.64
Aug 20233,6293,62914,44314,4430$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Eagleville (Eagle Ford-2) field

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