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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 field.

1 well

5,051mcf gas, last 12 months−33% vs prior year
Operator
Braka Operating, L.L.C.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-280686

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Where it sits

This county

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

Production by month

Gas output fell 33% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 33% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output fell 33% over the last 12 months. 5,051 mcf in the 12 months through Jul 2026, against 7,523 mcf in the 12 months before.Last 12 months: 5,051 mcfmcf per month02505007501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 33% over the last 12 monthsMonthly gas production for SPEER, Aug 2023 to Jul 2026. Gas output fell 33% over the last 12 months. 5,051 mcf in the 12 months through Jul 2026, against 7,523 mcf in the 12 months before.Last 12 monthsmcf per month02505007501,000Jan 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)

    74% · 3,756 mcf

  • Transmission line (2)

    26% · 1,295 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
42-429-36017L 2Active

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 gasGathers100Mar 5, 2016Apr 1, 2023
Targa Midstream Services LLCGas-well gasBuys100Mar 5, 2016Apr 1, 2023
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Oct 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
42-429-36017L 2160

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,2502500$80.46$2.89
Jun 2026Braka Operating,2422420$84.81$3.15
May 2026Braka Operating,2662660$102.13$2.94
Apr 2026Braka Operating,2562560$100.32$2.77
Mar 2026Braka Operating,2812810$91.38$3.04
Feb 2026Braka Operating,4364360$64.51$3.62
Jan 2026Braka Operating,4994990$60.04$7.72
Dec 2025Rainbow Seven5935930$57.97$4.26
Nov 2025Rainbow Seven4344340$60.06$3.79
Oct 2025Rainbow Seven5685680$60.89$3.19
Sep 2025Rainbow Seven4734730$63.96$2.97
Aug 2025Rainbow Seven7537530$64.86$2.91
Jul 2025Rainbow Seven9539530$68.39$3.20
Jun 2025Rainbow Seven1611610$68.17$3.02
May 2025Rainbow Seven28280$62.17$3.12
Apr 2025Rainbow Seven7077070$63.54$3.42
Mar 2025Rainbow Seven8278270$68.24$4.12
Feb 2025Rainbow Seven9819810$71.53$4.19
Jan 2025Rainbow Seven8008000$75.74$4.13
Dec 2024Rainbow Seven5855850$70.12$3.01
Nov 2024Rainbow Seven6036030$69.95$2.12
Oct 2024Rainbow Seven5815810$71.99$2.20
Sep 2024Rainbow Seven6076070$70.24$2.28
Aug 2024Rainbow Seven6906900$76.68$1.99
Jul 2024Rainbow Seven6696690$81.80$2.07
Jun 2024Rainbow Seven6586580$79.77$2.54
May 2024Rainbow Seven7737730$80.02$2.12
Apr 2024Rainbow Seven7207200$85.35$1.60
Mar 2024Rainbow Seven7737730$81.28$1.49
Feb 2024Rainbow Seven6866860$77.25$1.72
Jan 2024Rainbow Seven8098090$74.15$3.18
Dec 2023Rainbow Seven8348340$71.90$2.52
Nov 2023Rainbow Seven6376370$77.69$2.71
Oct 2023Rainbow Seven6576570$85.64$2.98
Sep 2023Rainbow Seven5695690$89.43$2.64
Aug 2023Rainbow Seven3343340$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 RegularCountyStephens County

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

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Stephens County Regular field

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