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Texas gas well

Producing

SPEER

Speer is a gas well in Stephens County, Texas, operated by Braka Operating, L.L.C. in the Stephens County Regular (Gas) field.

1 well

7,351mcf gas, last 12 months−45% vs prior year
RRC lease
7B-254940

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas in Jul 2026
900 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 45% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 45% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output fell 45% over the last 12 months. 7,351 mcf in the 12 months through Jul 2026, against 13,316 mcf in the 12 months before.Last 12 months: 7,351 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 45% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output fell 45% over the last 12 months. 7,351 mcf in the 12 months through Jul 2026, against 13,316 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of SPEER gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of SPEER gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Mar 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    53% · 3,863 mcf

  • Transmission line (2)

    47% · 3,488 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeRainbow Seven Oil & Gas, Inc., Jan 2020 to Dec 2025; Braka Operating, L.L.C., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Rainbow Seven Oil & Gas, Inc.Jan 2020 to Dec 2025Braka Operating, L.L.C.Jan 2026 to now
Operators of this lease over timeRainbow Seven Oil & Gas, Inc., Jan 2020 to Dec 2025; Braka Operating, L.L.C., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Rainbow Seven Oil & Gas, Inc.Jan 2020 to Dec 2025Braka Operating, L.L.C.Jan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SPEER
API numberWell no.Status
42-429-36547L 6Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCCondensateGathers100Oct 26, 2020–
Ranger Gas Gathering, L.l.c.Gas-well gasBuys100Apr 1, 2023–
Ranger Gas Gathering, L.l.c.Gas-well gasGathers100Apr 1, 2023–
Targa Midstream Services LLCGas-well gasGathers100Oct 1, 2011Apr 1, 2023
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2018Apr 1, 2023
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Oct 26, 2020

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

160 acres on the newest permit

Permits for Speer
API numberWell no.Acreson the permit
42-429-36547L 6160

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

Estimate your royalty

36 months, newest first

Ledger for SPEER
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Braka Operating,9009000$80.46$2.89
Jun 2026Braka Operating,8688680$84.81$3.15
May 2026Braka Operating,2822820$102.13$2.94
Apr 2026Braka Operating,7397390$100.32$2.77
Mar 2026Braka Operating,6996990$91.38$3.04
Feb 2026Braka Operating,33330$64.51$3.62
Jan 2026Braka Operating,38380$60.04$7.72
Dec 2025Rainbow Seven5405400$57.97$4.26
Nov 2025Rainbow Seven7747740$60.06$3.79
Oct 2025Rainbow Seven7517510$60.89$3.19
Sep 2025Rainbow Seven7447440$63.96$2.97
Aug 2025Rainbow Seven9839830$64.86$2.91
Jul 2025Rainbow Seven1,0161,0160$68.39$3.20
Jun 2025Rainbow Seven1,0041,0040$68.17$3.02
May 2025Rainbow Seven9539530$62.17$3.12
Apr 2025Rainbow Seven9189180$63.54$3.42
Mar 2025Rainbow Seven9629620$68.24$4.12
Feb 2025Rainbow Seven4004000$71.53$4.19
Jan 2025Rainbow Seven1,1391,1390$75.74$4.13
Dec 2024Rainbow Seven9629620$70.12$3.01
Nov 2024Rainbow Seven1,4341,4340$69.95$2.12
Oct 2024Rainbow Seven1,4611,4610$71.99$2.20
Sep 2024Rainbow Seven1,6191,6190$70.24$2.28
Aug 2024Rainbow Seven1,4481,4480$76.68$1.99
Jul 2024Rainbow Seven1,7321,7320$81.80$2.07
Jun 2024Rainbow Seven1,8011,8010$79.77$2.54
May 2024Rainbow Seven1,4311,4310$80.02$2.12
Apr 2024Rainbow Seven1,6961,6960$85.35$1.60
Mar 2024Rainbow Seven1,4261,4260$81.28$1.49
Feb 2024Rainbow Seven1,5071,5070$77.25$1.72
Jan 2024Rainbow Seven1,3461,3460$74.15$3.18
Dec 2023Rainbow Seven1,4651,4650$71.90$2.52
Nov 2023Rainbow Seven1,5951,5950$77.69$2.71
Oct 2023Rainbow Seven1,3641,3640$85.64$2.98
Sep 2023Rainbow Seven1,8061,8060$89.43$2.64
Aug 2023Rainbow Seven1,9191,9190$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

Braka Operating, L.L.C. in Stephens County

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Stephens County Regular (Gas) field

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