SPEARS, MARY J.
SPEARS, MARY J. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Pennzoil Petroleum Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,127 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $39, with roughly $8 expected over the next twelve months.
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Dick Scott (Mississippian) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 23861 |
| Wellbores | 3 |
| Reported production | 34,127 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $39 |
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.