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Royalty Clerk

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

1,326mcf gas, last 12 months+146% vs prior year
Operator
Braka Operating, L.L.C.
County
Stephens County
Field
Stephens County Regular (Gas)
RRC lease
7B-262288

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Where it sits

This county

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

Production by month

Gas output rose 146% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 146% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output rose 146% over the last 12 months. 1,326 mcf in the 12 months through Jul 2026, against 540 mcf in the 12 months before.Last 12 months: 1,326 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 146% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output rose 146% over the last 12 months. 1,326 mcf in the 12 months through Jul 2026, against 540 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 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.

  • Transmission line (2)

    73% · 963 mcf

  • Processing plant (3)

    27% · 363 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
42-429-36591L 9Active

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 26, 2020Apr 1, 2023
Targa Midstream Services LLCGas-well gasBuys100Oct 26, 2020Apr 1, 2023
Targa Midstream Services LLCFull well streamGathers100Oct 1, 2011Oct 26, 2020
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2011Oct 26, 2020

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Speer
API numberWell no.Acreson the permit
42-429-36591L 9160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SPEER
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Braka Operating,45450$80.46$2.89
Jun 2026Braka Operating,47470$84.81$3.15
May 2026Braka Operating,7817810$102.13$2.94
Apr 2026Braka Operating,44440$100.32$2.77
Mar 2026Braka Operating,46460$91.38$3.04
Feb 2026Braka Operating,62620$64.51$3.62
Jan 2026Braka Operating,71710$60.04$7.72
Dec 2025Rainbow Seven48480$57.97$4.26
Nov 2025Rainbow Seven44440$60.06$3.79
Oct 2025Rainbow Seven47470$60.89$3.19
Sep 2025Rainbow Seven44440$63.96$2.97
Aug 2025Rainbow Seven47470$64.86$2.91
Jul 2025Rainbow Seven49490$68.39$3.20
Jun 2025Rainbow Seven48480$68.17$3.02
May 2025Rainbow Seven46460$62.17$3.12
Apr 2025Rainbow Seven46460$63.54$3.42
Mar 2025Rainbow Seven46460$68.24$4.12
Feb 2025Rainbow Seven59590$71.53$4.19
Jan 2025Rainbow Seven43430$75.74$4.13
Dec 2024Rainbow Seven39390$70.12$3.01
Nov 2024Rainbow Seven40400$69.95$2.12
Oct 2024Rainbow Seven43430$71.99$2.20
Sep 2024Rainbow Seven40400$70.24$2.28
Aug 2024Rainbow Seven41410$76.68$1.99
Jul 2024Rainbow Seven40400$81.80$2.07
Jun 2024Rainbow Seven42420$79.77$2.54
May 2024Rainbow Seven43430$80.02$2.12
Apr 2024Rainbow Seven42420$85.35$1.60
Mar 2024Rainbow Seven42420$81.28$1.49
Feb 2024Rainbow Seven43430$77.25$1.72
Jan 2024Rainbow Seven47470$74.15$3.18
Dec 2023Rainbow Seven46460$71.90$2.52
Nov 2023Rainbow Seven42420$77.69$2.71
Oct 2023Rainbow Seven44440$85.64$2.98
Sep 2023Rainbow Seven48480$89.43$2.64
Aug 2023Rainbow Seven48480$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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This lease belongs to

OperatorBraka Operating, L.L.C.FieldStephens County Regular (Gas)CountyStephens County

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

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