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Texas oil lease

Producing

CHOATE

Choate is an oil lease in Young County, Texas, operated by Horseshoe Production, LLC in the Minta Wright (Mississippi) field.

2 wells

2,237bbl oil, last 12 months−24% vs prior year
RRC lease
09-27031

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Oil in Jul 2026
342 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production for CHOATE, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 2,237 bbl in the 12 months through Jul 2026, against 2,955 bbl in the 12 months before.Last 12 months: 2,237 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production for CHOATE, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 2,237 bbl in the 12 months through Jul 2026, against 2,955 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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 Jun 2024

Operators of this lease over timeGannett Operating LLC, Jan 2020 to May 2024; Horseshoe Production, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Gannett Operating LLCJan 2020 to May 2024Horseshoe Production, LLCJun 2024 to now
Operators of this lease over timeGannett Operating LLC, Jan 2020 to May 2024; Horseshoe Production, LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Gannett Operating LLCJan 2020 to May 2024Horseshoe Production, LLCJun 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on CHOATE
API numberWell no.Status
42-503-397521Active
42-503-399432Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100May 1, 2008
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011

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

110 acres on the newest permit

Permits for Choate
API numberWell no.Acreson the permit
42-503-399432110
42-503-397521110

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 2026Horseshoe Production,342342$80.46$2.89
Jun 2026Horseshoe Production,343343$84.81$3.15
May 2026Horseshoe Production,243331$102.13$2.94
Apr 2026Horseshoe Production,255169$100.32$2.77
Mar 2026Horseshoe Production,100171$91.38$3.04
Feb 2026Horseshoe Production,70167$64.51$3.62
Jan 2026Horseshoe Production,500$60.04$7.72
Dec 2025Horseshoe Production,1200$57.97$4.26
Nov 2025Horseshoe Production,160160$60.06$3.79
Oct 2025Horseshoe Production,118163$60.89$3.19
Sep 2025Horseshoe Production,200161$63.96$2.97
Aug 2025Horseshoe Production,236323$64.86$2.91
Jul 2025Horseshoe Production,131106$68.39$3.20
Jun 2025Horseshoe Production,324337$68.17$3.02
May 2025Horseshoe Production,117170$62.17$3.12
Apr 2025Horseshoe Production,1150$63.54$3.42
Mar 2025Horseshoe Production,221323$68.24$4.12
Feb 2025Horseshoe Production,153166$71.53$4.19
Jan 2025Horseshoe Production,387504$75.74$4.13
Dec 2024Horseshoe Production,343321$70.12$3.01
Nov 2024Horseshoe Production,341168$69.95$2.12
Oct 2024Horseshoe Production,350512$71.99$2.20
Sep 2024Horseshoe Production,350173$70.24$2.28
Aug 2024Horseshoe Production,123509$76.68$1.99
Jul 2024Horseshoe Production,400$81.80$2.07
Jun 2024Horseshoe Production,300$79.77$2.54
May 2024Gannett Operating1137$80.02$2.12
Apr 2024Gannett Operating00$85.35$1.60
Mar 2024Gannett Operating110$81.28$1.49
Feb 2024Gannett Operating190$77.25$1.72
Jan 2024Gannett Operating210$74.15$3.18
Dec 2023Gannett Operating14170$71.90$2.52
Nov 2023Gannett Operating130$77.69$2.71
Oct 2023Gannett Operating70$85.64$2.98
Sep 2023Gannett Operating150$89.43$2.64
Aug 2023Gannett Operating140$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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Nearby

Horseshoe Production, LLC in Young County

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Minta Wright (Mississippi) field

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