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Texas oil lease

Producing

CHANCE 1086

Chance 1086 is an oil lease in Lipscomb County, Texas, operated by Presidio Petroleum LLC in the Kiowa Creek (Marmaton) field.

1 well

2,132bbl oil, last 12 months−38% vs prior year
RRC lease
10-08296

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
5,349 mcf
Oil in Jul 2026
179 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for CHANCE 1086, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 2,132 bbl in the 12 months through Jul 2026, against 3,416 bbl in the 12 months before.Last 12 months: 2,132 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for CHANCE 1086, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 2,132 bbl in the 12 months through Jul 2026, against 3,416 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 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 CHANCE 1086 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 CHANCE 1086 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.

1 well on this lease

Wells on CHANCE 1086
API numberWell no.Status
42-295-335993HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Eastex Crude CompanyOilGathers50Feb 1, 2019Jan 1, 2023
Kimrad Transport, LPOilGathers50Feb 1, 2019Jan 1, 2023
Jp Energy Products Supply, LLCOilGathers100Oct 1, 2016Feb 1, 2019

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

650 acres on the newest permit

Permits for Chance 1086
API numberWell no.Acreson the permit
42-295-335993HM650

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

Estimate your royalty

36 months, newest first

Ledger for CHANCE 1086
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617916734340$80.46$2.89
Jun 202610904584580$84.81$3.15
May 20261371654154150$102.13$2.94
Apr 20261711884164160$100.32$2.77
Mar 20261591694224220$91.38$3.04
Feb 20261661704104100$64.51$3.62
Jan 20261521624324320$60.04$7.72
Dec 20251821634844840$57.97$4.26
Nov 20251861695505500$60.06$3.79
Oct 20252181655775770$60.89$3.19
Sep 20252123295635630$63.96$2.97
Aug 20252611655885880$64.86$2.91
Jul 20252673257497490$68.39$3.20
Jun 20253174939519510$68.17$3.02
May 20252811639559550$62.17$3.12
Apr 20253843151,1761,1760$63.54$3.42
Mar 20254254929919910$68.24$4.12
Feb 20253523227547540$71.53$4.19
Jan 20255355328478470$75.74$4.13
Dec 20248557037577570$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Presidio Petroleum LLC in Lipscomb County

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Kiowa Creek (Marmaton) field

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