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Texas oil lease

Producing

SPENCE, OLA EST. ET AL UNIT

Spence, Ola Est. Et Al Unit is an oil lease in Rusk County, Texas, operated by Rebel Production Company in the Good Springs, W. (Woodbine) field.

1 well

1,752bbl oil, last 12 months+48% vs prior year
RRC lease
06-05500

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil in Jul 2026
141 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 48% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 48% over the last 12 monthsMonthly oil production for SPENCE, OLA EST. ET AL UNIT, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 1,752 bbl in the 12 months through Jul 2026, against 1,183 bbl in the 12 months before.Last 12 months: 1,752 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 48% over the last 12 monthsMonthly oil production for SPENCE, OLA EST. ET AL UNIT, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 1,752 bbl in the 12 months through Jul 2026, against 1,183 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on SPENCE, OLA EST. ET AL UNIT
API numberWell no.Status
42-401-300631Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Spence, Ola Est. Et Al Unit
API numberWell no.Acreson the permit
42-401-300631–

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

Estimate your royalty

36 months, newest first

Ledger for SPENCE, OLA EST. ET AL UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026141158$80.46$2.89
Jun 20261290$84.81$3.15
May 2026121152$102.13$2.94
Apr 2026144165$100.32$2.77
Mar 2026169161$91.38$3.04
Feb 2026134162$64.51$3.62
Jan 2026120160$60.04$7.72
Dec 2025177176$57.97$4.26
Nov 2025146169$60.06$3.79
Oct 2025151158$60.89$3.19
Sep 20251240$63.96$2.97
Aug 2025196174$64.86$2.91
Jul 2025111168$68.39$3.20
Jun 2025115159$68.17$3.02
May 2025870$62.17$3.12
Apr 2025134333$63.54$3.42
Mar 2025134155$68.24$4.12
Feb 20251080$71.53$4.19
Jan 20251050$75.74$4.13
Dec 202414179$70.12$3.01
Nov 2024870$69.95$2.12
Oct 2024124164$71.99$2.20
Sep 2024700$70.24$2.28
Aug 2024940$76.68$1.99
Jul 202476173$81.80$2.07
Jun 2024111165$79.77$2.54
May 20247162$80.02$2.12
Apr 2024299167$85.35$1.60
Mar 2024238168$81.28$1.49
Feb 2024105168$77.25$1.72
Jan 2024163173$74.15$3.18
Dec 2023176175$71.90$2.52
Nov 2023194169$77.69$2.71
Oct 2023156167$85.64$2.98
Sep 2023188165$89.43$2.64
Aug 2023215168$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

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Drilling permits within 10 km