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Texas oil lease

Producing

CHOATE "16" UNIT

Choate "16" Unit is an oil lease in Howard County, Texas, operated by Highpeak Energy Holdings, LLC in the Signal Peak (Wolfcamp) field.

2 wells

5bbl oil, last 12 months+25% vs prior year
RRC lease
08-36290

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
194 mcf
Oil in Jun 2026
1 bbl

Production by month

Oil output rose 25% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 25% over the last 12 monthsMonthly oil production and gas for CHOATE "16" UNIT, Aug 2023 to Jul 2026. Oil output rose 25% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 4 bbl in the 12 months before.Last 12 months: 5 bblbbl per monthmcf per month00150210031504200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 25% over the last 12 monthsMonthly oil production and gas for CHOATE "16" UNIT, Aug 2023 to Jul 2026. Oil output rose 25% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 4 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00150210031504200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Oct 2023 the lease's gas goes to a processing plant instead of lease fuelShare of CHOATE "16" UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a processing plant instead of lease fuelShare of CHOATE "16" UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Oct 23: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeWhiting Oil and Gas Corporation, Jan 2020 to Dec 2022; Highpeak Energy Holdings, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Whiting Oil and Gas Corporati…Jan 2020 to Dec 2022Highpeak Energy Holdings, LLCJan 2023 to now
Operators of this lease over timeWhiting Oil and Gas Corporation, Jan 2020 to Dec 2022; Highpeak Energy Holdings, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Whiting Oil and Gas CorporationJan 2020 to Dec 2022Highpeak Energy Holdings, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on CHOATE "16" UNIT
API numberWell no.Status
42-227-354552Active
42-227-356423Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lion Oil Trading & Trans, LLCOilGathers100May 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011May 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011May 1, 2020
Lpc Crude Oil Marketing LLCOilGathers100Jul 1, 2015May 1, 2020

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

160 acres on the newest permit

A pooling certificate was filed

Permits for Choate "16" Unit
API numberWell no.Acreson the permit
42-227-356423160
42-227-354552160

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

Estimate your royalty

36 months, newest first

Ledger for CHOATE "16" UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Highpeak Energy1031310$84.81$3.15
May 2026Highpeak Energy0019190$102.13$2.94
Apr 2026Highpeak Energy0028280$100.32$2.77
Mar 2026Highpeak Energy0029290$91.38$3.04
Feb 2026Highpeak Energy00000$64.51$3.62
Jan 2026Highpeak Energy10000$60.04$7.72
Dec 2025Highpeak Energy00000$57.97$4.26
Nov 2025Highpeak Energy10000$60.06$3.79
Oct 2025Highpeak Energy0028280$60.89$3.19
Sep 2025Highpeak Energy1025250$63.96$2.97
Aug 2025Highpeak Energy1024240$64.86$2.91
Jul 2025Highpeak Energy0010100$68.39$3.20
Jun 2025Highpeak Energy0020200$68.17$3.02
May 2025Highpeak Energy0060600$62.17$3.12
Apr 2025Highpeak Energy1050500$63.54$3.42
Mar 2025Highpeak Energy0015150$68.24$4.12
Feb 2025Highpeak Energy0023230$71.53$4.19
Jan 2025Highpeak Energy0038380$75.74$4.13
Dec 2024Highpeak Energy0062620$70.12$3.01
Nov 2024Highpeak Energy0058580$69.95$2.12
Oct 2024Highpeak Energy0060600$71.99$2.20
Sep 2024Highpeak Energy301391390$70.24$2.28
Aug 2024Highpeak Energy00000$76.68$1.99
Jul 2024Highpeak Energy00000$81.80$2.07
Jun 2024Highpeak Energy00660$79.77$2.54
May 2024Highpeak Energy0050500$80.02$2.12
Apr 2024Highpeak Energy0052520$85.35$1.60
Mar 2024Highpeak Energy0036360$81.28$1.49
Feb 2024Highpeak Energy00880$77.25$1.72
Jan 2024Highpeak Energy0016160$74.15$3.18
Dec 2023Highpeak Energy00660$71.90$2.52
Nov 2023Highpeak Energy0072720$77.69$2.71
Oct 2023Highpeak Energy0058580$85.64$2.98
Sep 2023Highpeak Energy006000$89.43$2.64
Aug 2023Highpeak Energy006200$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Highpeak Energy Holdings, LLC in Howard County

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Signal Peak (Wolfcamp) field

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