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Texas oil lease

Producing

CHOATE

Choate is an oil lease in Hardin County, Texas, operated by Arrowhead Operating Inc. in the Batson New field.

4 wells

30bbl oil, last 12 months−63% vs prior year
RRC lease
03-17064

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Where it sits

This county

Hardin CountyHardinOrangeJasperLibertyTylerNewtonPolkHardin County
Hardin County
Oil in Jul 2026
1 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 63% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production for CHOATE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 30 bbl in the 12 months through Jul 2026, against 82 bbl in the 12 months before.Last 12 months: 30 bblbbl per month05101520Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production for CHOATE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 30 bbl in the 12 months through Jul 2026, against 82 bbl in the 12 months before.Last 12 monthsbbl per month05101520Jan 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 once, most recently in Jul 2024

Operators of this lease over timeCrebbs Oil Company, Jan 2020 to Jun 2024; Arrowhead Operating Inc., Jul 2024 to Jul 20262020202120222023202420252026Changed Jul 2024Crebbs Oil CompanyJan 2020 to Jun 2024Arrowhead Operating Inc.Jul 2024 to now
Operators of this lease over timeCrebbs Oil Company, Jan 2020 to Jun 2024; Arrowhead Operating Inc., Jul 2024 to Jul 20262020202120222023202420252026Changed Jul 2024Crebbs Oil CompanyJan 2020 to Jun 2024Arrowhead Operating Inc.Jul 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on CHOATE
API numberWell no.Status
42-199-033253Active
42-199-302746Active
42-199-3194912Active
42-199-3195011Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2024–
Martin Crude Marketing Co.OilGathers50Jul 1, 2024–
Energy Trans Crude Marketing LLCOilGathers1Jul 1, 2021Jul 1, 2024
Martin Crude Marketing Co.OilGathers98Jul 1, 2021Jul 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers1Jul 1, 2021Jul 1, 2024
Martin Crude Marketing Co.OilGathers100Jan 1, 2018Jul 1, 2021

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

14 acres on the newest permit

Permits for Choate
API numberWell no.Acreson the permit
42-199-320461414
42-199-319491214
42-199-319501114
42-199-033253–
42-199-302746–

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

Estimate your royalty

36 months, newest first

Ledger for CHOATE
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Arrowhead Operating10$80.46$2.89
Jun 2026Arrowhead Operating10$84.81$3.15
May 2026Arrowhead Operating10$102.13$2.94
Apr 2026Arrowhead Operating10$100.32$2.77
Mar 2026Arrowhead Operating10$91.38$3.04
Feb 2026Arrowhead Operating10$64.51$3.62
Jan 2026Arrowhead Operating120$60.04$7.72
Dec 2025Arrowhead Operating50$57.97$4.26
Nov 2025Arrowhead Operating50$60.06$3.79
Oct 2025Arrowhead Operating00$60.89$3.19
Sep 2025Arrowhead Operating00$63.96$2.97
Aug 2025Arrowhead Operating20$64.86$2.91
Jul 2025Arrowhead Operating28$68.39$3.20
Jun 2025Arrowhead Operating10$68.17$3.02
May 2025Arrowhead Operating07$62.17$3.12
Apr 2025Arrowhead Operating58$63.54$3.42
Mar 2025Arrowhead Operating50$68.24$4.12
Feb 2025Arrowhead Operating87$71.53$4.19
Jan 2025Arrowhead Operating167$75.74$4.13
Dec 2024Arrowhead Operating40$70.12$3.01
Nov 2024Arrowhead Operating97$69.95$2.12
Oct 2024Arrowhead Operating1116$71.99$2.20
Sep 2024Arrowhead Operating915$70.24$2.28
Aug 2024Arrowhead Operating128$76.68$1.99
Jul 2024Arrowhead Operating715$81.80$2.07
Jun 2024Crebbs Oil1315$79.77$2.54
May 2024Crebbs Oil178$80.02$2.12
Apr 2024Crebbs Oil1415$85.35$1.60
Mar 2024Crebbs Oil1023$81.28$1.49
Feb 2024Crebbs Oil1415$77.25$1.72
Jan 2024Crebbs Oil188$74.15$3.18
Dec 2023Crebbs Oil1514$71.90$2.52
Nov 2023Crebbs Oil1615$77.69$2.71
Oct 2023Crebbs Oil1115$85.64$2.98
Sep 2023Crebbs Oil148$89.43$2.64
Aug 2023Crebbs Oil1314$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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