Skip to content
Royalty Clerk

Texas oil lease

Producing

SPEER

Speer is an oil lease in Stephens County, Texas, operated by Braka Operating, L.L.C. in the Stephens County Regular field.

1 well

516bbl oil, last 12 months+5% vs prior year
Operator
Braka Operating, L.L.C.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-32467

Is your check right?

Check my statement

Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas, last 12 months
3,654 mcf
Oil in Jul 2026
46 bbl

Production by month

Oil output rose 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for SPEER, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 516 bbl in the 12 months through Jul 2026, against 490 bbl in the 12 months before.Last 12 months: 516 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for SPEER, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 516 bbl in the 12 months through Jul 2026, against 490 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 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)

    60% · 2,182 mcf

  • Transmission line (2)

    40% · 1,472 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., Oct 2020 to Dec 2025; Braka Operating, L.L.C., Jan 2026 to Jul 2026202120222023202420252026Changed Jan 2026Rainbow Seven Oil & Gas, Inc.Oct 2020 to Dec 2025Braka Operating, L.L.C.Jan 2026 to now
Operators of this lease over timeRainbow Seven Oil & Gas, Inc., Oct 2020 to Dec 2025; Braka Operating, L.L.C., Jan 2026 to Jul 2026202120222023202420252026Changed Jan 2026Rainbow Seven Oil & Gas, Inc.Oct 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
42-429-359703Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Oct 10, 2020–
Ranger Gas Gathering, L.l.c.Casinghead gasBuys100Apr 1, 2023–
Ranger Gas Gathering, L.l.c.Casinghead gasGathers100Apr 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Oct 10, 2020Apr 1, 2023
Targa Midstream Services LLCCasinghead gasBuys100Oct 10, 2020Apr 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Speer
API numberWell no.Acreson the permit
42-429-359703320

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SPEER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Braka Operating,4603423420$80.46$2.89
Jun 2026Braka Operating,431692902900$84.81$3.15
May 2026Braka Operating,4802822820$102.13$2.94
Apr 2026Braka Operating,4902662660$100.32$2.77
Mar 2026Braka Operating,4202922920$91.38$3.04
Feb 2026Braka Operating,441733523520$64.51$3.62
Jan 2026Braka Operating,4404034030$60.04$7.72
Dec 2025Rainbow Seven4802902900$57.97$4.26
Nov 2025Rainbow Seven5002352350$60.06$3.79
Oct 2025Rainbow Seven471633113110$60.89$3.19
Sep 2025Rainbow Seven802642640$63.96$2.97
Aug 2025Rainbow Seven4703273270$64.86$2.91
Jul 2025Rainbow Seven5203963960$68.39$3.20
Jun 2025Rainbow Seven001711710$68.17$3.02
May 2025Rainbow Seven103023020$62.17$3.12
Apr 2025Rainbow Seven381622642640$63.54$3.42
Mar 2025Rainbow Seven7403163160$68.24$4.12
Feb 2025Rainbow Seven1403693690$71.53$4.19
Jan 2025Rainbow Seven941692042040$75.74$4.13
Dec 2024Rainbow Seven002122120$70.12$3.01
Nov 2024Rainbow Seven10902422420$69.95$2.12
Oct 2024Rainbow Seven002852850$71.99$2.20
Sep 2024Rainbow Seven531632632630$70.24$2.28
Aug 2024Rainbow Seven5503633630$76.68$1.99
Jul 2024Rainbow Seven4204714710$81.80$2.07
Jun 2024Rainbow Seven261591451450$79.77$2.54
May 2024Rainbow Seven0054540$80.02$2.12
Apr 2024Rainbow Seven5902172170$85.35$1.60
Mar 2024Rainbow Seven5002712710$81.28$1.49
Feb 2024Rainbow Seven621713753750$77.25$1.72
Jan 2024Rainbow Seven3301391390$74.15$3.18
Dec 2023Rainbow Seven2303103100$71.90$2.52
Nov 2023Rainbow Seven6702572570$77.69$2.71
Oct 2023Rainbow Seven521593123120$85.64$2.98
Sep 2023Rainbow Seven5403303300$89.43$2.64
Aug 2023Rainbow Seven8303263260$81.39$2.58

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorBraka Operating, L.L.C.FieldStephens County RegularCountyStephens County

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

All Braka Operating, L.L.C. leases →

Stephens County Regular field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km