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Texas oil lease

Producing

SPEAR REYNOLDS UNIT C

Spear Reynolds Unit C 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

7,602bbl oil, last 12 months−9% vs prior year
Operator
Burlington Resources O & G Co LP
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-10645

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
20,051 mcf
Oil in Jul 2026
1,715 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT C, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 7,602 bbl in the 12 months through Jul 2026, against 8,317 bbl in the 12 months before.Last 12 months: 7,602 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT C, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 7,602 bbl in the 12 months through Jul 2026, against 8,317 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Sep 2025 the lease's gas goes to a processing plant instead of lease fuelShare of SPEAR REYNOLDS UNIT C gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2025 the lease's gas goes to a processing plant instead of lease fuelShare of SPEAR REYNOLDS UNIT C gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Sep 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 19,547 mcf

  • Lease fuel (1)

    2.5% · 504 mcf

1 well on this lease

Wells on SPEAR REYNOLDS UNIT C
API numberWell no.Status
42-255-327831Active

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 gasBuys100May 24, 2013–
Burlington Resources O & G CO LPCasinghead gasGathers100May 24, 2013–
Bp Products North America Inc.OilGathers25May 24, 2013Jan 1, 2025
Conocophillips CompanyOilGathers25May 24, 2013Jan 1, 2025
Flint Hills Resources, LPOilGathers25May 24, 2013Jan 1, 2025
Ngl Crude Logistics, LLCOilGathers25Jul 1, 2014Jan 1, 2025

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

Who buys my oilOil price check

321.24 acres on the newest permit

Check your decimal on this lease
Permits for Spear Reynolds Unit C
API numberWell no.Acreson the permit
42-255-327831321.24

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 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7151,7154,5674,5640$80.46$2.89
Jun 20263,1573,1579,5349,5340$84.81$3.15
May 20261,0401,0402,0382,0380$102.13$2.94
Apr 20261881883643630$100.32$2.77
Mar 20264514511,1741,1670$91.38$3.04
Feb 20262602607347030$64.51$3.62
Jan 20262312315694820$60.04$7.72
Dec 20250071700$57.97$4.26
Nov 202500990$60.06$3.79
Oct 20251861862192130$60.89$3.19
Sep 20252462464363940$63.96$2.97
Aug 2025128128336100$64.86$2.91
Jul 20252862869018170$68.39$3.20
Jun 20257337332,9122,9120$68.17$3.02
May 20258838833,1393,1390$62.17$3.12
Apr 20257147142,0652,0650$63.54$3.42
Mar 20257667662,7482,5450$68.24$4.12
Feb 20251,0051,0054,4304,3670$71.53$4.19
Jan 20257507503,1012,7800$75.74$4.13
Dec 20245575572,4532,3520$70.12$3.01
Nov 20246696692,0971,8850$69.95$2.12
Oct 20244774771,3521,0270$71.99$2.20
Sep 20245395391,2369160$70.24$2.28
Aug 20249389384,8594,8230$76.68$1.99
Jul 20242972971,1811,1810$81.80$2.07
Jun 20248148142,4362,4360$79.77$2.54
May 20247917912,2152,2140$80.02$2.12
Apr 20247237232,9442,9400$85.35$1.60
Mar 20241,2051,2054,5174,5020$81.28$1.49
Feb 20241,0611,0612,9942,9780$77.25$1.72
Jan 20248448442,6832,5910$74.15$3.18
Dec 20239969963,1673,0800$71.90$2.52
Nov 20231,0391,0393,6463,5780$77.69$2.71
Oct 20231,0681,0683,6623,5480$85.64$2.98
Sep 20231,0861,0863,1512,9350$89.43$2.64
Aug 20231,3161,3163,7513,5240$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 LPFieldEagleville (Eagle Ford-2)CountyKarnes County

Burlington Resources O & G Co LP in Karnes County

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