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Texas oil lease

Producing

CARROLL UNIT

Carroll Unit is an oil lease in Freestone County, Texas, operated by Old Union Operating Company in the Cheneyboro (Cotton Valley) field.

1 well

661mcf gas, last 12 months−78% vs prior year
RRC lease
05-03851

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Where it sits

This county

Freestone CountyFreestoneLimestoneEllisAndersonLeonNavarroHendersonFreestone County
Freestone County
Gas in Jul 2026
65 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 78% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 78% over the last 12 monthsMonthly gas production and oil for CARROLL UNIT, Aug 2023 to Jul 2026. Gas output fell 78% over the last 12 months. 661 mcf in the 12 months through Jul 2026, against 3,005 mcf in the 12 months before.Last 12 months: 661 mcfmcf per monthbbl per month0050021,00041,50062,0008Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 78% over the last 12 monthsMonthly gas production and oil for CARROLL UNIT, Aug 2023 to Jul 2026. Gas output fell 78% over the last 12 months. 661 mcf in the 12 months through Jul 2026, against 3,005 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050021,00041,50062,0008Jan 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 CARROLL UNIT 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 CARROLL UNIT 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 once, most recently in Jun 2021

Operators of this lease over timeReo Operating LLC, Jan 2020 to May 2021; Old Union Operating Company, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Reo Operating LLCJan 2020 to May 2021Old Union Operating CompanyJun 2021 to now
Operators of this lease over timeReo Operating LLC, Jan 2020 to May 2021; Old Union Operating Company, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Reo Operating LLCJan 2020 to May 2021Old Union Operating CompanyJun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CARROLL UNIT
API numberWell no.Status
42-161-314691Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jun 1, 2022–
Old Union Operating CompanyCasinghead gasBuys100May 1, 2021–
Old Union Operating CompanyCasinghead gasGathers100May 1, 2021–
Lion Oil Trading & Trans, LLCOilGathers100May 1, 2021Jun 1, 2022
Tristate Etx, LLCCasinghead gasGathers100Jan 1, 2014May 1, 2021
Tristate Etx, LLCCasinghead gasBuys100Jan 1, 2014May 1, 2021
Lion Oil Trading & Trans, LLCOilGathers50May 1, 2016May 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50May 1, 2016May 1, 2021

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

482.26 acres on the newest permit

Permits for Carroll Unit
API numberWell no.Acreson the permit
42-161-314691482.26

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

Estimate your royalty

36 months, newest first

Ledger for CARROLL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Old Union0065650$80.46$2.89
Jun 2026Old Union0025250$84.81$3.15
May 2026Old Union0025250$102.13$2.94
Apr 2026Old Union0025250$100.32$2.77
Mar 2026Old Union0065650$91.38$3.04
Feb 2026Old Union0085850$64.51$3.62
Jan 2026Old Union0085850$60.04$7.72
Dec 2025Old Union001021020$57.97$4.26
Nov 2025Old Union0082820$60.06$3.79
Oct 2025Old Union0072720$60.89$3.19
Sep 2025Old Union0015150$63.96$2.97
Aug 2025Old Union0015150$64.86$2.91
Jul 2025Old Union001231230$68.39$3.20
Jun 2025Old Union001151150$68.17$3.02
May 2025Old Union001211210$62.17$3.12
Apr 2025Old Union001751750$63.54$3.42
Mar 2025Old Union001211210$68.24$4.12
Feb 2025Old Union001211210$71.53$4.19
Jan 2025Old Union801211210$75.74$4.13
Dec 2024Old Union001211210$70.12$3.01
Nov 2024Old Union001211210$69.95$2.12
Oct 2024Old Union001211210$71.99$2.20
Sep 2024Old Union001,6801,6800$70.24$2.28
Aug 2024Old Union0065650$76.68$1.99
Jul 2024Old Union0036360$81.80$2.07
Jun 2024Old Union2040400$79.77$2.54
May 2024Old Union005365360$80.02$2.12
Apr 2024Old Union601091090$85.35$1.60
Mar 2024Old Union301091090$81.28$1.49
Feb 2024Old Union801091090$77.25$1.72
Jan 2024Old Union102132130$74.15$3.18
Dec 2023Old Union101781780$71.90$2.52
Nov 2023Old Union104984980$77.69$2.71
Oct 2023Old Union001841840$85.64$2.98
Sep 2023Old Union2068680$89.43$2.64
Aug 2023Old Union5049490$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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