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Texas oil lease

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SPEER, ORAN

Speer, Oran is an oil lease in Wise County, Texas, operated by Schalk Oil Company, Inc. in the Alvord, South (Caddo Lime) field.

1 well

520bbl oil, last 12 months−25% vs prior year
RRC lease
09-28612

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas, last 12 months
10,338 mcf
Oil in Jul 2026
42 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Schalk Oil Company, Inc. took over from Crockett Operating, LLC in Oct 2025.

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

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Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SPEER, ORAN, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 520 bbl in the 12 months through Jul 2026, against 696 bbl in the 12 months before.Last 12 months: 520 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SPEER, ORAN, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 520 bbl in the 12 months through Jul 2026, against 696 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
All of the gas went to a transmission line in the last 12 monthsShare of SPEER, ORAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SPEER, ORAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 10,336 mcf

  • Lease fuel (1)

    0.0% · 2 mcf

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timeWhiskey River Oil & Gas LLC, Jan 2020 to Jan 2023; Crockett Operating, LLC, Feb 2023 to Sep 2025; Schalk Oil Company, Inc., Oct 2025 to Jul 20262020202120222023202420252026Changed Feb 2023Changed Oct 2025Whiskey River Oil & Gas LLCJan 2020 to Jan 2023Crockett Operating, LLCFeb 2023 to Sep 2025Schalk Oil Company, Inc.Oct 2025 to now
Operators of this lease over timeWhiskey River Oil & Gas LLC, Jan 2020 to Jan 2023; Crockett Operating, LLC, Feb 2023 to Sep 2025; Schalk Oil Company, Inc., Oct 2025 to Jul 20262020202120222023202420252026Changed Feb 2023Changed Oct 2025Whiskey River Oil & Gas LLCJan 2020 to Jan 2023Crockett Operating, LLCFeb 2023 to Sep 2025Schalk Oil Company, Inc.Oct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SPEER, ORAN
API numberWell no.Status
42-497-3421112Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Jan 1, 2000
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011

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

1,021.32 acres on the newest permit

  • 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 Speer, Oran
API numberWell no.Acreson the permit
42-497-34211121,021.32
42-497-0129121,021.32

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for SPEER, ORAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Schalk Oil421597907900$80.46$2.89
Jun 2026Schalk Oil4008818810$84.81$3.15
May 2026Schalk Oil571639059030$102.13$2.94
Apr 2026Schalk Oil4007567560$100.32$2.77
Mar 2026Schalk Oil4308578570$91.38$3.04
Feb 2026Schalk Oil3807937930$64.51$3.62
Jan 2026Schalk Oil3808108100$60.04$7.72
Dec 2025Schalk Oil431708928920$57.97$4.26
Nov 2025Schalk Oil5008818810$60.06$3.79
Oct 2025Schalk Oil3709149140$60.89$3.19
Sep 2025Crockett Operating,601709099090$63.96$2.97
Aug 2025Crockett Operating,3209509500$64.86$2.91
Jul 2025Crockett Operating,5509489480$68.39$3.20
Jun 2025Crockett Operating,4308938930$68.17$3.02
May 2025Crockett Operating,651819279270$62.17$3.12
Apr 2025Crockett Operating,4509029020$63.54$3.42
Mar 2025Crockett Operating,691769349340$68.24$4.12
Feb 2025Crockett Operating,4709349340$71.53$4.19
Jan 2025Crockett Operating,5709349340$75.74$4.13
Dec 2024Crockett Operating,4909939930$70.12$3.01
Nov 2024Crockett Operating,691735145140$69.95$2.12
Oct 2024Crockett Operating,5401,0081,0080$71.99$2.20
Sep 2024Crockett Operating,9009879870$70.24$2.28
Aug 2024Crockett Operating,531651,0021,0020$76.68$1.99
Jul 2024Crockett Operating,3309749740$81.80$2.07
Jun 2024Crockett Operating,7509759750$79.77$2.54
May 2024Crockett Operating,1401751,0051,0050$80.02$2.12
Apr 2024Crockett Operating,001,0021,0020$85.35$1.60
Mar 2024Crockett Operating,6109909900$81.28$1.49
Feb 2024Crockett Operating,641819199190$77.25$1.72
Jan 2024Crockett Operating,4908468460$74.15$3.18
Dec 2023Crockett Operating,4509049040$71.90$2.52
Nov 2023Crockett Operating,821719079070$77.69$2.71
Oct 2023Crockett Operating,7209499490$85.64$2.98
Sep 2023Crockett Operating,821719209200$89.43$2.64
Aug 2023Crockett Operating,721529849840$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

Alvord, South (Caddo Lime) field

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