SPINDLETOP OIL & GAS CO

Spindletop Oil & Gas Co. is an independent energy company engaged in the exploration, acquisition, development, and production of crude oil and natural gas. Through its wholly owned subsidiary Prairie Pipeline Co., the company operates gathering pipelines and markets natural gas. Spindletop also rents oilfield equipment via Spindletop Drilling Company and leases commercial office space to third-party tenants. The business is organized into three segments: oil and gas operations, gas gathering, and commercial real estate investment. Its oil and gas production is sold to major energy companies, pipelines, brokers, and distributors under short-term contracts.

The company conducts all operations domestically within the United States, operating properties across five states: Texas, Oklahoma, New Mexico, Louisiana, and Alabama. Its primary operating footprint and reserve base are located in Texas, notably within the Fort Worth Basin. As of December 31, 2025, Spindletop held approximately 50,633 gross acres under lease. The company maintains its corporate headquarters in Dallas, Texas.

Summary of the business section of Spindletop Oil & Gas's latest annual report, written by StockData.

“Company employed or contracted for the services of a total of approximately 42 people.”