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Texas oil lease

Producing

ARGO -B-

Argo -B- is an oil lease in Andrews County, Texas, operated by Redco Oil & Gas, Inc. in the Martin (Consolidated) field.

2 wells

770bbl oil, last 12 months+7% vs prior year
Operator
Redco Oil & Gas, Inc.
County
Andrews County
Field
Martin (Consolidated)
RRC lease
08-40004

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Oil in Jul 2026
63 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production for ARGO -B-, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 770 bbl in the 12 months through Jul 2026, against 722 bbl in the 12 months before.Last 12 months: 770 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production for ARGO -B-, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 770 bbl in the 12 months through Jul 2026, against 722 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 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.

2 wells on this lease

Wells on ARGO -B-
API numberWell no.Status
42-003-076391Active
42-003-398832Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dorado Oil CompanyOilGathers100Jun 1, 2018
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

161.25 acres on the newest permit

Permits for Argo -B-
API numberWell no.Acreson the permit
42-003-398832161.25
42-003-076391–

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

Unit decimal checker

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36 months, newest first

Ledger for ARGO -B-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026630$80.46$2.89
Jun 202655149$84.81$3.15
May 2026630$102.13$2.94
Apr 2026570$100.32$2.77
Mar 202661160$91.38$3.04
Feb 2026700$64.51$3.62
Jan 2026540$60.04$7.72
Dec 2025142179$57.97$4.26
Nov 202500$60.06$3.79
Oct 202572174$60.89$3.19
Sep 2025390$63.96$2.97
Aug 202594104$64.86$2.91
Jul 2025800$68.39$3.20
Jun 202557166$68.17$3.02
May 2025320$62.17$3.12
Apr 2025570$63.54$3.42
Mar 202563182$68.24$4.12
Feb 2025550$71.53$4.19
Jan 2025700$75.74$4.13
Dec 202473166$70.12$3.01
Nov 2024550$69.95$2.12
Oct 202455173$71.99$2.20
Sep 2024600$70.24$2.28
Aug 2024650$76.68$1.99
Jul 202497173$81.80$2.07
Jun 2024240$79.77$2.54
May 2024690$80.02$2.12
Apr 202483175$85.35$1.60
Mar 2024800$81.28$1.49
Feb 202437177$77.25$1.72
Jan 2024560$74.15$3.18
Dec 2023340$71.90$2.52
Nov 2023900$77.69$2.71
Oct 202334134$85.64$2.98
Sep 2023760$89.43$2.64
Aug 202371167$81.39$2.58

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

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This lease belongs to

OperatorRedco Oil & Gas, Inc.FieldMartin (Consolidated)CountyAndrews County

Redco Oil & Gas, Inc. in Andrews County

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Martin (Consolidated) field

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