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Texas oil lease

Producing

SPEARMAN 23

Spearman 23 is an oil lease in Gray County, Texas, operated by Seek Energy, LLC in the Hoover, Ne (Granite Wash) field.

3 wells

27,896bbl oil, last 12 months−27% vs prior year
RRC lease
10-09396

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Where it sits

This county

Gray CountyGrayHutchinsonHemphillCarsonWheelerRobertsGray County
Gray County
Gas, last 12 months
14,919 mcf
Oil in Jul 2026
2,254 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for SPEARMAN 23, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 27,896 bbl in the 12 months through Jul 2026, against 38,305 bbl in the 12 months before.Last 12 months: 27,896 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for SPEARMAN 23, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 27,896 bbl in the 12 months through Jul 2026, against 38,305 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Jan 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 SPEARMAN 23 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 SPEARMAN 23 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.

3 wells on this lease

Wells on SPEARMAN 23
API numberWell no.Status
42-179-323805Active
42-179-324476Active
42-179-324648Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Seek Energy, LLCCasinghead gasGathers100Dec 1, 2015Jan 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jan 1, 2023
Eastex Crude CompanyOilGathers100Oct 5, 2014Jan 1, 2023

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

704 acres on the newest permit

A pooling certificate was filed

Permits for Spearman 23
API numberWell no.Acreson the permit
42-179-323805704
42-179-324648704
42-179-324476704

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

Estimate your royalty

36 months, newest first

Ledger for SPEARMAN 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,2542,2211,2531,2530$80.46$2.89
Jun 20261,7841,7381,0251,0250$84.81$3.15
May 20262,0222,0271,1381,1380$102.13$2.94
Apr 20261,8261,9711,0101,0100$100.32$2.77
Mar 20261,7651,7078738730$91.38$3.04
Feb 20262,3712,4331,2801,2800$64.51$3.62
Jan 20262,7312,6261,2711,2710$60.04$7.72
Dec 20252,7642,7671,4101,4100$57.97$4.26
Nov 20252,7002,7991,3851,3850$60.06$3.79
Oct 20252,2602,0971,2071,2070$60.89$3.19
Sep 20252,5602,6091,2371,2370$63.96$2.97
Aug 20252,8592,7101,8301,8300$64.86$2.91
Jul 20252,7082,7232,1582,1580$68.39$3.20
Jun 20252,9872,9121,6311,6310$68.17$3.02
May 20253,1192,8181,6561,6560$62.17$3.12
Apr 20253,0513,1261,4251,4250$63.54$3.42
Mar 20253,0182,9511,4321,4320$68.24$4.12
Feb 20252,8602,7781,3451,3450$71.53$4.19
Jan 20253,2283,5151,3521,3520$75.74$4.13
Dec 20243,4393,2561,5331,5330$70.12$3.01
Nov 20243,4563,2972,0162,0160$69.95$2.12
Oct 20243,7793,9322,0432,0430$71.99$2.20
Sep 20243,3353,3321,5891,5890$70.24$2.28
Aug 20243,3253,1972,6032,6030$76.68$1.99
Jul 20243,9934,1072,0652,0650$81.80$2.07
Jun 20244,0983,7021,8851,8850$79.77$2.54
May 20244,4884,4762,3442,3440$80.02$2.12
Apr 20244,3814,3752,0572,0570$85.35$1.60
Mar 20244,0524,1372,0532,0530$81.28$1.49
Feb 20243,7713,7412,0192,0190$77.25$1.72
Jan 20242,4062,2001,6561,6560$74.15$3.18
Dec 20233,8953,6251,5591,5590$71.90$2.52
Nov 20233,6983,7251,5151,5150$77.69$2.71
Oct 20233,6213,8461,6951,6950$85.64$2.98
Sep 20234,0353,8671,7871,7870$89.43$2.64
Aug 20234,2114,0841,7881,7880$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Seek Energy, LLC in Gray County

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Hoover, Ne (Granite Wash) field

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