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Texas oil lease

Producing

BUSBY, OLAN

Busby, Olan is an oil lease in Rusk County, Texas, operated by Shoco Production LLC in the Henderson (Rusk Co. Pettit) field.

2 wells

1,783bbl oil, last 12 months−5% vs prior year
RRC lease
06-04591

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Gas, last 12 months
9,625 mcf
Oil in Jun 2026
113 bbl

Production by month

Oil output fell 5% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BUSBY, OLAN, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 1,648 bbl in the 12 months through Jul 2026, against 1,743 bbl in the 12 months before.Last 12 months: 1,648 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for BUSBY, OLAN, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 1,648 bbl in the 12 months through Jul 2026, against 1,743 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of BUSBY, OLAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of BUSBY, OLAN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Apr 2023

Operators of this lease over timeAmerican Patriot Operating Corp., Jan 2020 to May 2021; King Operating Corporation, Jun 2021 to Mar 2023; Shoco Production LLC, Apr 2023 to Jun 20262020202120222023202420252026Changed Jun 2021Changed Apr 2023American Patriot Operating Co…Jan 2020 to May 2021King Operating CorporationJun 2021 to Mar 2023Shoco Production LLCApr 2023 to now
Operators of this lease over timeAmerican Patriot Operating Corp., Jan 2020 to May 2021; King Operating Corporation, Jun 2021 to Mar 2023; Shoco Production LLC, Apr 2023 to Jun 20262020202120222023202420252026Changed Jun 2021Changed Apr 2023American Patriot Operating Corp.Jan 2020 to May 2021King Operating CorporationJun 2021 to Mar 2023Shoco Production LLCApr 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BUSBY, OLAN
API numberWell no.Status
42-401-000732Active
42-401-000741Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Apr 10, 2023–
Genesis Crude Oil, L.p.OilGathers100Jun 1, 2021Apr 10, 2023
American Patriot Operating Corp.Casinghead gasGathers100Nov 1, 2018Jun 1, 2021
Orion Pipeline, Ltd.Casinghead gasBuys100Nov 1, 2018Jun 1, 2021
Plains Marketing, L.p.OilGathers100Nov 1, 2018Jun 1, 2021

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

What the drilling permits say

Permits for Busby, Olan
API numberWell no.Acreson the permit
42-401-000732–
42-401-000741–

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

Estimate your royalty

36 months, newest first

Ledger for BUSBY, OLAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Shoco Production1132271,0711,0710$84.81$3.15
May 2026Shoco Production1441651,3251,3250$102.13$2.94
Apr 2026Shoco Production1401411,2381,2380$100.32$2.77
Mar 2026Shoco Production1381421,0961,0960$91.38$3.04
Feb 2026Shoco Production560000$64.51$3.62
Jan 2026Shoco Production139212000$60.04$7.72
Dec 2025Shoco Production3532121,2641,2640$57.97$4.26
Nov 2025Shoco Production1431521,2181,2180$60.06$3.79
Oct 2025Shoco Production1401461,2721,2720$60.89$3.19
Sep 2025Shoco Production136156000$63.96$2.97
Aug 2025Shoco Production1461474554550$64.86$2.91
Jul 2025Shoco Production1351126866860$68.39$3.20
Jun 2025Shoco Production1261487097090$68.17$3.02
May 2025Shoco Production148160000$62.17$3.12
Apr 2025Shoco Production1441539149140$63.54$3.42
Mar 2025Shoco Production1531579819810$68.24$4.12
Feb 2025Shoco Production1711711,0041,0040$71.53$4.19
Jan 2025Shoco Production1351741,0821,0820$75.74$4.13
Dec 2024Shoco Production1631721,1311,1310$70.12$3.01
Nov 2024Shoco Production146153000$69.95$2.12
Oct 2024Shoco Production1450000$71.99$2.20
Sep 2024Shoco Production147153000$70.24$2.28
Aug 2024Shoco Production1301608708700$76.68$1.99
Jul 2024Shoco Production141212000$81.80$2.07
Jun 2024Shoco Production8704804800$79.77$2.54
May 2024Shoco Production117156000$80.02$2.12
Apr 2024Shoco Production101162000$85.35$1.60
Mar 2024Shoco Production108153000$81.28$1.49
Feb 2024Shoco Production1260000$77.25$1.72
Jan 2024Shoco Production113158000$74.15$3.18
Dec 2023Shoco Production146166000$71.90$2.52
Nov 2023Shoco Production1430000$77.69$2.71
Oct 2023Shoco Production119157000$85.64$2.98
Sep 2023Shoco Production112155000$89.43$2.64
Aug 2023Shoco Production1801761760$81.39$2.58

No report filed

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

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Nearby

Shoco Production LLC in Rusk County

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Henderson (Rusk Co. Pettit) field

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