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Texas oil lease

Producing

SPEARS-JACKSON-FORBES UNIT

Spears-Jackson-Forbes Unit is an oil lease in Hardeman County, Texas, operated by Cobra Oil & Gas Corporation in the Berry (Miss.) field.

2 wells

620bbl oil, last 12 months−42% vs prior year
RRC lease
09-28710

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Where it sits

This county

Hardeman CountyHardemanCottleChildressFoardWilbargerHardeman County
Hardeman County
Oil in Jul 2026
106 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production for SPEARS-JACKSON-FORBES UNIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 620 bbl in the 12 months through Jul 2026, against 1,070 bbl in the 12 months before.Last 12 months: 620 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production for SPEARS-JACKSON-FORBES UNIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 620 bbl in the 12 months through Jul 2026, against 1,070 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Oct 2020

Operators of this lease over timeKadane Corporation, Jan 2020 to Sep 2020; Cobra Oil & Gas Corporation, Oct 2020 to Jul 20262020202120222023202420252026Changed Oct 2020Kadane CorporationJan 2020 to Sep 2020Cobra Oil & Gas CorporationOct 2020 to now
Operators of this lease over timeKadane Corporation, Jan 2020 to Sep 2020; Cobra Oil & Gas Corporation, Oct 2020 to Jul 20262020202120222023202420252026Changed Oct 2020Kadane CorporationJan 2020 to Sep 2020Cobra Oil & Gas CorporationOct 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on SPEARS-JACKSON-FORBES UNIT
API numberWell no.Status
42-197-312361Shut-in
42-197-315452Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2018Jul 1, 2021

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

40 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

  • 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 Spears-Jackson-Forbes Unit
API numberWell no.Acreson the permit
42-197-31545240
42-197-31236140

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

Estimate your royalty

36 months, newest first

Ledger for SPEARS-JACKSON-FORBES UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Cobra Oil1060$80.46$2.89
Jun 2026Cobra Oil250$84.81$3.15
May 2026Cobra Oil460$102.13$2.94
Apr 2026Cobra Oil44182$100.32$2.77
Mar 2026Cobra Oil440$91.38$3.04
Feb 2026Cobra Oil480$64.51$3.62
Jan 2026Cobra Oil510$60.04$7.72
Dec 2025Cobra Oil38188$57.97$4.26
Nov 2025Cobra Oil510$60.06$3.79
Oct 2025Cobra Oil590$60.89$3.19
Sep 2025Cobra Oil500$63.96$2.97
Aug 2025Cobra Oil58181$64.86$2.91
Jul 2025Cobra Oil990$68.39$3.20
Jun 2025Cobra Oil29176$68.17$3.02
May 2025Cobra Oil00$62.17$3.12
Apr 2025Cobra Oil470$63.54$3.42
Mar 2025Cobra Oil580$68.24$4.12
Feb 2025Cobra Oil56188$71.53$4.19
Jan 2025Cobra Oil650$75.74$4.13
Dec 2024Cobra Oil300$70.12$3.01
Nov 2024Cobra Oil690$69.95$2.12
Oct 2024Cobra Oil106181$71.99$2.20
Sep 2024Cobra Oil211184$70.24$2.28
Aug 2024Cobra Oil300188$76.68$1.99
Jul 2024Cobra Oil44185$81.80$2.07
Jun 2024Cobra Oil370$79.77$2.54
May 2024Cobra Oil00$80.02$2.12
Apr 2024Cobra Oil660$85.35$1.60
Mar 2024Cobra Oil51162$81.28$1.49
Feb 2024Cobra Oil480$77.25$1.72
Jan 2024Cobra Oil590$74.15$3.18
Dec 2023Cobra Oil63175$71.90$2.52
Nov 2023Cobra Oil570$77.69$2.71
Oct 2023Cobra Oil800$85.64$2.98
Sep 2023Cobra Oil60167$89.43$2.64
Aug 2023Cobra Oil840$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

Cobra Oil & Gas Corporation in Hardeman County

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Berry (Miss.) field

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