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Texas oil lease

Producing

SPEAR REYNOLDS UNIT A

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

2 wells

20,353bbl oil, last 12 months−90% vs prior year
Operator
Burlington Resources O & G Co LP
County
Karnes County
Field
Sugarkane (Eagle Ford)
RRC lease
02-10813

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
88,031 mcf
Oil in Jul 2026
4,887 bbl

Production by month

Oil output fell 90% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT A, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20,353 bbl in the 12 months through Jul 2026, against 197,707 bbl in the 12 months before.Last 12 months: 20,353 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT A, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20,353 bbl in the 12 months through Jul 2026, against 197,707 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SPEAR REYNOLDS UNIT A gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SPEAR REYNOLDS UNIT A gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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.

  • Processing plant (3)

    100% · 87,860 mcf

  • Lease fuel (1)

    0.2% · 171 mcf

2 wells on this lease

Wells on SPEAR REYNOLDS UNIT A
API numberWell no.Status
42-255-32788B 1Shut-in
42-255-33697E 1Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Conocophillips CompanyOilGathers100Jan 1, 2025–
Conocophillips CompanyCasinghead gasBuys100Nov 27, 2013–
Burlington Resources O & G CO LPCasinghead gasGathers100Nov 27, 2013–
Bp Products North America Inc.OilGathers25Nov 27, 2013Jan 1, 2025
Conocophillips CompanyOilGathers25Nov 27, 2013Jan 1, 2025
Flint Hills Resources, LPOilGathers25Nov 27, 2013Jan 1, 2025
Ngl Crude Logistics, LLCOilGathers25Nov 27, 2013Jan 1, 2025

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

Who buys my oilOil price check

704 acres on the newest permit

Check your decimal on this lease
Permits for Spear Reynolds Unit A
API numberWell no.Acreson the permit
42-255-33697E 1704
42-255-32788B 1704

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

Unit decimal checker

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 UNIT A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,8874,88719,96519,8820$80.46$2.89
Jun 20262,5962,59613,52113,4750$84.81$3.15
May 20262,8192,81915,72015,7200$102.13$2.94
Apr 20263,1023,10216,05916,0170$100.32$2.77
Mar 20261,2351,23511,21111,2110$91.38$3.04
Feb 20261,1861,1862,8002,8000$64.51$3.62
Jan 20266386381,4421,4420$60.04$7.72
Dec 2025002462460$57.97$4.26
Nov 20250040400$60.06$3.79
Oct 20256046041,1601,1600$60.89$3.19
Sep 20251,6321,6322,7172,7170$63.96$2.97
Aug 20251,6541,6543,1503,1500$64.86$2.91
Jul 20253,7333,73310,28510,2850$68.39$3.20
Jun 20256,5176,51722,66422,6640$68.17$3.02
May 20258,1028,10228,31528,3150$62.17$3.12
Apr 202510,09010,09037,59637,5960$63.54$3.42
Mar 20259,1729,17225,22125,1770$68.24$4.12
Feb 202512,34112,34136,13636,0210$71.53$4.19
Jan 202515,92815,92855,10454,9050$75.74$4.13
Dec 202421,25421,25457,32657,1730$70.12$3.01
Nov 202426,95626,95669,79969,7290$69.95$2.12
Oct 202433,43833,43879,47579,4750$71.99$2.20
Sep 202432,72632,75470,76270,7620$70.24$2.28
Aug 202417,45017,42236,52836,5280$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 20242020220$85.35$1.60
Mar 2024140140880$81.28$1.49
Feb 20241481487777770$77.25$1.72
Jan 20241581584363300$74.15$3.18
Dec 202363633042140$71.90$2.52
Nov 20232252257306960$77.69$2.71
Oct 20231601604804560$85.64$2.98
Sep 2023007477470$89.43$2.64
Aug 2023005915910$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

This lease belongs to

OperatorBurlington Resources O & G Co LPFieldSugarkane (Eagle Ford)CountyKarnes County

Burlington Resources O & G Co LP in Karnes County

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