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Texas oil lease

Producing

SPEARMAN

Spearman is an oil lease in Jack County, Texas, operated by Pop Operating Company in the Markley, Se. (Marble Falls) field.

3 wells

38bbl oil, last 12 months+78% vs prior year
RRC lease
09-16164

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Gas, last 12 months
1,347 mcf
Oil in May 2026
1 bbl

Production by month

Oil output rose 78% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 78% over the last 12 monthsMonthly oil production and gas for SPEARMAN, Aug 2023 to Jul 2026. Oil output rose 78% over the last 12 months. 32 bbl in the 12 months through Jul 2026, against 18 bbl in the 12 months before.Last 12 months: 32 bblbbl per monthmcf per month00250410061508200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 78% over the last 12 monthsMonthly oil production and gas for SPEARMAN, Aug 2023 to Jul 2026. Oil output rose 78% over the last 12 months. 32 bbl in the 12 months through Jul 2026, against 18 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00250410061508200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of SPEARMAN gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of SPEARMAN gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 25: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    59% · 792 mcf

  • Transmission line (2)

    41% · 555 mcf

Who has run this lease

The operator changed once, most recently in Apr 2023

Operators of this lease over timeWalsh & Watts, Inc., Jan 2020 to Mar 2023; Pop Operating Company, Apr 2023 to May 20262020202120222023202420252026Changed Apr 2023Walsh & Watts, Inc.Jan 2020 to Mar 2023Pop Operating CompanyApr 2023 to now
Operators of this lease over timeWalsh & Watts, Inc., Jan 2020 to Mar 2023; Pop Operating Company, Apr 2023 to May 20262020202120222023202420252026Changed Apr 2023Walsh & Watts, Inc.Jan 2020 to Mar 2023Pop Operating CompanyApr 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on SPEARMAN
API numberWell no.Status
42-237-005471Active
42-237-301262Active
42-237-301483Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Jan 1, 2000–
Pop Operating CompanyCasinghead gasGathers100Apr 1, 2023Nov 1, 2023
Pop Operating CompanyCasinghead gasBuys100Apr 1, 2023Nov 1, 2023
W W Sub Inc.Casinghead gasGathers100Sep 1, 1981Apr 1, 2023
Nominator Not Required / Swr 31Casinghead gasNominates100Dec 1, 2006Apr 1, 2023
W W Sub Inc.Casinghead gasBuys100Sep 1, 1981Apr 1, 2023

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

230 acres on the newest permit

Permits for Spearman
API numberWell no.Acreson the permit
42-237-005471230
42-237-301262–
42-237-301483–

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

Estimate your royalty

36 months, newest first

Ledger for SPEARMAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026No report–––––$84.81$3.15
May 2026Pop Operating10106400$102.13$2.94
Apr 2026Pop Operating1091250$100.32$2.77
Mar 2026Pop Operating3089230$91.38$3.04
Feb 2026Pop Operating3087210$64.51$3.62
Jan 2026Pop Operating40123570$60.04$7.72
Dec 2025Pop Operating50119530$57.97$4.26
Nov 2025Pop Operating20122560$60.06$3.79
Oct 2025Pop Operating20125590$60.89$3.19
Sep 2025Pop Operating50124580$63.96$2.97
Aug 2025Pop Operating60123570$64.86$2.91
Jul 2025Pop Operating5098320$68.39$3.20
Jun 2025Pop Operating10140740$68.17$3.02
May 2025Pop Operating101681020$62.17$3.12
Apr 2025Pop Operating20151850$63.54$3.42
Mar 2025Pop Operating1082160$68.24$4.12
Feb 2025Pop Operating1087210$71.53$4.19
Jan 2025Pop Operating1078120$75.74$4.13
Dec 2024Pop Operating10114480$70.12$3.01
Nov 2024Pop Operating153117510$69.95$2.12
Oct 2024Pop Operating20100340$71.99$2.20
Sep 2024Pop Operating10124580$70.24$2.28
Aug 2024Pop Operating10132660$76.68$1.99
Jul 2024Pop Operating20142760$81.80$2.07
Jun 2024Pop Operating20150840$79.77$2.54
May 2024Pop Operating10155890$80.02$2.12
Apr 2024Pop Operating10140740$85.35$1.60
Mar 2024Pop Operating10152860$81.28$1.49
Feb 2024Pop Operating50155890$77.25$1.72
Jan 2024Pop Operating50144780$74.15$3.18
Dec 2023Pop Operating50162960$71.90$2.52
Nov 2023Pop Operating50136700$77.69$2.71
Oct 2023Pop Operating50136700$85.64$2.98
Sep 2023Pop Operating50131650$89.43$2.64
Aug 2023Pop Operating50120540$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.

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Nearby

Markley, Se. (Marble Falls) field

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