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Texas oil lease

Producing

BIG RED

Big Red is an oil lease in Howard County, Texas, operated by Petex in the Vincent, N. (Pennsylvanian Reef) field.

1 well

1,140bbl oil, last 12 months−14% vs prior year
Operator
Petex
RRC lease
08-33877

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Oil in Jul 2026
11 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production for BIG RED, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,140 bbl in the 12 months through Jul 2026, against 1,332 bbl in the 12 months before.Last 12 months: 1,140 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production for BIG RED, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,140 bbl in the 12 months through Jul 2026, against 1,332 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.

Who has run this lease

The operator changed 2 times, most recently in Jul 2022

Operators of this lease over timeJtex Oil Company, LLC, Jan 2020 to Jan 2020; Bettis, Boyle & Stovall, Mar 2020 to Jun 2022; Petex, Jul 2022 to Jul 20262020202120222023202420252026Changed Mar 2020Changed Jul 2022Jtex Oil Company, LLCJan 2020 to Jan 2020Bettis, Boyle & StovallMar 2020 to Jun 2022PetexJul 2022 to now
Operators of this lease over timeJtex Oil Company, LLC, Jan 2020 to Jan 2020; Bettis, Boyle & Stovall, Mar 2020 to Jun 2022; Petex, Jul 2022 to Jul 20262020202120222023202420252026Changed Mar 2020Changed Jul 2022Jtex Oil Company, LLCJan 2020 to Jan 2020Bettis, Boyle & StovallMar 2020 to Jun 2022PetexJul 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BIG RED
API numberWell no.Status
42-227-347161Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Sep 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002Sep 1, 2022
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 1, 2000Jun 1, 2022
Nominator Not Required / Swr 31Casinghead gasNominates100Mar 1, 2000Jun 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 1, 2000Jun 1, 2022

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

80 acres on the newest permit

Permits for Big Red
API numberWell no.Acreson the permit
42-227-34716180

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

Estimate your royalty

36 months, newest first

Ledger for BIG RED
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Petex110$80.46$2.89
Jun 2026Petex93162$84.81$3.15
May 2026Petex440$102.13$2.94
Apr 2026Petex83168$100.32$2.77
Mar 2026Petex197186$91.38$3.04
Feb 2026Petex770$64.51$3.62
Jan 2026Petex129187$60.04$7.72
Dec 2025Petex141182$57.97$4.26
Nov 2025Petex800$60.06$3.79
Oct 2025Petex0183$60.89$3.19
Sep 2025Petex1500$63.96$2.97
Aug 2025Petex135182$64.86$2.91
Jul 2025Petex1230$68.39$3.20
Jun 2025Petex115175$68.17$3.02
May 2025Petex139181$62.17$3.12
Apr 2025Petex115183$63.54$3.42
Mar 2025Petex1270$68.24$4.12
Feb 2025Petex127180$71.53$4.19
Jan 2025Petex860$75.74$4.13
Dec 2024Petex99182$70.12$3.01
Nov 2024Petex96179$69.95$2.12
Oct 2024Petex139183$71.99$2.20
Sep 2024Petex440$70.24$2.28
Aug 2024Petex1220$76.68$1.99
Jul 2024Petex103186$81.80$2.07
Jun 2024Petex80182$79.77$2.54
May 2024Petex930$80.02$2.12
Apr 2024Petex970$85.35$1.60
Mar 2024Petex104176$81.28$1.49
Feb 2024Petex137181$77.25$1.72
Jan 2024Petex970$74.15$3.18
Dec 2023Petex124160$71.90$2.52
Nov 2023Petex172166$77.69$2.71
Oct 2023Petex178181$85.64$2.98
Sep 2023Petex102172$89.43$2.64
Aug 2023Petex197185$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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Nearby

Petex in Howard County

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Vincent, N. (Pennsylvanian Reef) field

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