LEASES · O-8-27576 · OIL · DISTRICT 7B

Spear

No volume since Dec 2024

Wallace Operating Company LLC · Stephens County · Stephens County Regular field

Spear is an RRC oil lease (O-8-27576) in Stephens County operated by Wallace Operating Company LLC, with 5 wells completed on it.

It has reported 167K barrels of oil and 19.2K mcf of gas since June 1995, last reporting volume in December 2024 (statewide data runs through April 2026).

No volume was reported in the last 12 months; the last was in December 2024.

9 operators have filed production on it, most recently Wallace Operating Company LLC since January 2025.

167K
bbl oil, all reported
19.2K
mcf gas incl. casinghead
0
bbl oil, last 12 reported
-100%
vs the 12 before
5
wells completed on it
2.13K
peak month, bbl (Nov 1996)

PDQ LEASE REPORTS · FIRST JUN 1995 · LAST VOLUME DEC 2024 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 0 · prior 12 165(-100%)

02004002017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 0 · prior 12 0

012017201820192020202120222023202420252026

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Statex Petroleum Inc.Jun 1995 → Apr 2000 · 59 mo
  2. Statex Operating, LLCMay 2000 → Mar 2007 · 83 mo
  3. Baseline Oil & Gas Corp.Apr 2007 → Oct 2010 · 43 mo
  4. Layline Petroleum I, LLCNov 2010 → May 2013 · 31 mo
  5. Wapiti Operating, LLCJun 2013 → Mar 2015 · 22 mo
  6. Clearly Petroleum, LLCApr 2015 → Apr 2020 · 61 mo
  7. GTG Operating, LLCMay 2020 → Jan 2024 · 45 mo
  8. Team Operating, L.L.C.Feb 2024 → Dec 2024 · 11 mo
  9. Wallace Operating Company LLCJan 2025 → Jul 2026 · 19 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

5

wells completed on the lease

NO Production
4
Plugged
1

Newest permits

All 5 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

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