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Texas oil lease

No report in 6+ months

CASTEEL

Casteel is an oil lease in Young County, Texas, operated by Lex and Lace Petroleum, LLC in the Young County Regular field.

7 wells

0bbl oil, last 12 months
Operator
Lex and Lace Petroleum, LLC
County
Young County
Field
Young County Regular
RRC lease
09-17895

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Oil in Sep 2025
0 bbl
Reporting since
Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Oct 2022 to Sep 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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 once, most recently in Nov 2024

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Lex and Lace Petroleum, LLC, Nov 2024 to Sep 2025202020212022202320242025Changed Nov 2024Three P Operating Co.,gp, L.L…Jan 2020 to Oct 2024Lex and Lace Petroleum, LLCNov 2024 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Oct 2024; Lex and Lace Petroleum, LLC, Nov 2024 to Sep 2025202020212022202320242025Changed Nov 2024Three P Operating Co.,gp, L.L.C.Jan 2020 to Oct 2024Lex and Lace Petroleum, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on CASTEEL
API numberWell no.Status
42-503-0157426Active
42-503-314971 EActive
42-503-315772 EActive
42-503-337113Active
42-503-3991127Shut-in
42-503-4001928Active
42-503-8446625Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers50Nov 11, 2024–
Ptt Premier Trading and Tran LLCOilGathers50Nov 11, 2024–
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021Nov 11, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2002Jul 1, 2021

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

Who buys my oilOil price check

80 acres on the newest permit

7 wells are listed on this lease

Permits for Casteel
API numberWell no.Acreson the permit
42-503-400192880
42-503-399112780
42-503-33711380
42-503-844662580
42-503-0157426–
42-503-314971 E–
42-503-315772 E–

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

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36 months, newest first

Ledger for CASTEEL
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Sep 2025Lex and00$63.96$2.97
Aug 2025Lex and00$64.86$2.91
Jul 2025Lex and00$68.39$3.20
Jun 2025Lex and00$68.17$3.02
May 2025Lex and00$62.17$3.12
Apr 2025Lex and00$63.54$3.42
Mar 2025Lex and00$68.24$4.12
Feb 2025Lex and00$71.53$4.19
Jan 2025Lex and00$75.74$4.13
Dec 2024Lex and00$70.12$3.01
Nov 2024Lex and00$69.95$2.12
Oct 2024Three P00$71.99$2.20
Sep 2024Three P00$70.24$2.28
Aug 2024Three P00$76.68$1.99
Jul 2024Three P00$81.80$2.07
Jun 2024Three P00$79.77$2.54
May 2024Three P00$80.02$2.12
Apr 2024Three P00$85.35$1.60
Mar 2024Three P00$81.28$1.49
Feb 2024Three P00$77.25$1.72
Jan 2024Three P00$74.15$3.18
Dec 2023Three P00$71.90$2.52
Nov 2023Three P00$77.69$2.71
Oct 2023Three P00$85.64$2.98
Sep 2023Three P00$89.43$2.64
Aug 2023Three P00$81.39$2.58
Jul 2023Three P00$76.07$2.55
Jun 2023Three P00$70.25$2.18
May 2023Three P00$71.58$2.15
Apr 2023Three P00$79.45$2.16
Mar 2023Three P00$73.28$2.31
Feb 2023Three P00$76.83$2.38
Jan 2023Three P00$78.12$3.27
Dec 2022Three P00$76.44$5.53
Nov 2022Three P00$84.37$5.45
Oct 2022Three P00$87.55$5.66

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

OperatorLex and Lace Petroleum, LLCFieldYoung County RegularCountyYoung County

Lex and Lace Petroleum, LLC in Young County

No other producing leases from this operator in this county are in our data yet.

Young County Regular field

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