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Texas oil lease

Producing

SPEAR REYNOLDS UNIT F

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

4 wells

14,652bbl oil, last 12 months−15% vs prior year
RRC lease
02-10566

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
37,177 mcf
Oil in Jul 2026
798 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT F, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 14,652 bbl in the 12 months through Jul 2026, against 17,194 bbl in the 12 months before.Last 12 months: 14,652 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for SPEAR REYNOLDS UNIT F, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 14,652 bbl in the 12 months through Jul 2026, against 17,194 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    78% · 29,031 mcf

  • Lease fuel (1)

    22% · 8,146 mcf

4 wells on this lease

Wells on SPEAR REYNOLDS UNIT F
API numberWell no.Status
42-255-327491Shut-in
42-255-339882Active
42-255-339893Active
42-255-339904Active

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 gasBuys100Apr 2, 2013–
Burlington Resources O & G CO LPCasinghead gasGathers100Apr 2, 2013–
Bp Products North America Inc.OilGathers25Jul 1, 2013Jan 1, 2025
Conocophillips CompanyOilGathers25Jul 1, 2013Jan 1, 2025
Flint Hills Resources, LPOilGathers25Jul 1, 2013Jan 1, 2025
Ngl Crude Logistics, LLCOilGathers25Jul 1, 2014Jan 1, 2025

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

217.99 acres on the newest permit

  • 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 Unit F
API numberWell no.Acreson the permit
42-255-339904217.99
42-255-339882217.99
42-255-339893217.99
42-255-327491217.99

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 UNIT F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267987981,9401,2810$80.46$2.89
Jun 20265555552,2591,6650$84.81$3.15
May 20261,3931,3932,5791,9790$102.13$2.94
Apr 20261,5271,5272,9112,2800$100.32$2.77
Mar 20261,7121,7113,5862,4870$91.38$3.04
Feb 20261,4961,4963,5422,9320$64.51$3.62
Jan 20261,6851,6834,0823,4070$60.04$7.72
Dec 20251,6321,8845,1964,5670$57.97$4.26
Nov 20251,4141,4293,8323,1870$60.06$3.79
Oct 20252632631,0504530$60.89$3.19
Sep 20251,1131,1133,1102,3900$63.96$2.97
Aug 20251,0641,0643,0902,4030$64.86$2.91
Jul 20251,0361,0363,4792,7350$68.39$3.20
Jun 20256636632,9832,3010$68.17$3.02
May 20258168153,4532,6110$62.17$3.12
Apr 20257217214,5453,7440$63.54$3.42
Mar 20251,2501,2485,0504,3160$68.24$4.12
Feb 20251,7061,7064,6423,9590$71.53$4.19
Jan 20252,1372,1376,1015,3120$75.74$4.13
Dec 20242,5582,5586,7236,1090$70.12$3.01
Nov 20242,1292,1294,6344,1790$69.95$2.12
Oct 20241,4631,4633,4602,9180$71.99$2.20
Sep 20241,3781,3785,2704,7070$70.24$2.28
Aug 20241,3371,1343,0682,9300$76.68$1.99
Jul 20242985123,3913,1440$81.80$2.07
Jun 2024604536000$79.77$2.54
May 20241,5561,6086,8896,4020$80.02$2.12
Apr 2024153186516280$85.35$1.60
Mar 20241,5181,4476,5435,8270$81.28$1.49
Feb 20241,6821,8166,1595,6520$77.25$1.72
Jan 20247385112,3302,2870$74.15$3.18
Dec 20237077074,1583,7380$71.90$2.52
Nov 20231,7091,7096,6346,0040$77.69$2.71
Oct 20231,4391,4395,6685,1660$85.64$2.98
Sep 20237597594,2473,6890$89.43$2.64
Aug 20231,5641,5645,5154,9750$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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