SPEAR
SPEAR is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2005 to August 2026, totalling 399,530 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $717 expected over the next twelve months.
| Operator | Conocophillips Company |
|---|---|
| Field | Texas Hugoton |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 209308 |
| Wellbores | 1 |
| Reported production | 399,530 mcf |
| First reported | May 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.