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Texas oil lease

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SPENCER

Spencer is an oil lease in Milam County, Texas, operated by Tesuque Oil & Gas LLC in the Minerva-Rockdale field.

4 wells

143bbl oil, last 12 months−65% vs prior year
Operator
Tesuque Oil & Gas LLC
County
Milam County
Field
Minerva-Rockdale
RRC lease
01-18836

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County
Oil in Apr 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 65% over the last 12 months

3 months were not reported.

  • Oil (bars)
  • Last 12 months
Oil output fell 65% over the last 12 monthsMonthly oil production for SPENCER, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 105 bbl in the 12 months through Jul 2026, against 303 bbl in the 12 months before.Last 12 months: 105 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 65% over the last 12 monthsMonthly oil production for SPENCER, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 105 bbl in the 12 months through Jul 2026, against 303 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 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.

4 wells on this lease

Wells on SPENCER
API numberWell no.Status
42-331-348383Shut-in
42-331-348394Shut-in
42-331-348551Shut-in
42-331-348566Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 23, 2018Dec 1, 2022

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

Who buys my oilOil price check

12.23 acres on the newest permit

Permits for Spencer
API numberWell no.Acreson the permit
42-331-34856612.23
42-331-34855112.23
42-331-34838312.23
42-331-34839412.23

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SPENCER
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed––$80.46$2.89
Jun 2026No report filed––$84.81$3.15
May 2026No report filed––$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 2025150$60.06$3.79
Oct 2025300$60.89$3.19
Sep 2025300$63.96$2.97
Aug 20253052$64.86$2.91
Jul 20251851$68.39$3.20
Jun 2025150$68.17$3.02
May 202550$62.17$3.12
Apr 2025100$63.54$3.42
Mar 2025100$68.24$4.12
Feb 2025110$71.53$4.19
Jan 2025140$75.74$4.13
Dec 2024220$70.12$3.01
Nov 202480$69.95$2.12
Oct 2024200$71.99$2.20
Sep 2024100145$70.24$2.28
Aug 20247088$76.68$1.99
Jul 202440$81.80$2.07
Jun 202430$79.77$2.54
May 202450$80.02$2.12
Apr 202440$85.35$1.60
Mar 20247377$81.28$1.49
Feb 202460$77.25$1.72
Jan 2024210$74.15$3.18
Dec 2023180$71.90$2.52
Nov 2023921$77.69$2.71
Oct 202350$85.64$2.98
Sep 202380$89.43$2.64
Aug 20233362$81.39$2.58

No report filed

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

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Nearby

This lease belongs to

OperatorTesuque Oil & Gas LLCFieldMinerva-RockdaleCountyMilam County

Tesuque Oil & Gas LLC in Milam County

No other producing leases from this operator in this county are in our data yet.

Minerva-Rockdale field

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