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Texas oil lease

Producing

COLE, M. T. -B-

Cole, M. T. -B- is an oil lease in Gregg County, Texas, operated by ZTH Operating, LLC in the East Texas field.

12 wells

552bbl oil, last 12 months−59% vs prior year
RRC lease
6E-08295

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Oil in Jul 2026
52 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: ZTH Operating, LLC took over from Proven Natural Resources LLC in Sep 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production for COLE, M. T. -B-, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 552 bbl in the 12 months through Jul 2026, against 1,351 bbl in the 12 months before.Last 12 months: 552 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production for COLE, M. T. -B-, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 552 bbl in the 12 months through Jul 2026, against 1,351 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 3 times, most recently in Sep 2025

Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jun 2022; Optimum Exploration LLC, Jul 2022 to Mar 2023; Proven Natural Resources LLC, Apr 2023 to Aug 2025; ZTH Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Jul 2022Changed Apr 2023Changed Sep 2025Basa Resources, Inc.Jan 2020 to Jun 2022Optimum Exploration LLCJul 2022 to Mar 2023Proven Natural Resources LLCApr 2023 to Aug 2025ZTH Operating, LLCSep 2025 to now
Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jun 2022; Optimum Exploration LLC, Jul 2022 to Mar 2023; Proven Natural Resources LLC, Apr 2023 to Aug 2025; ZTH Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Jul 2022Changed Apr 2023Changed Sep 2025Basa Resources, Inc.Jan 2020 to Jun 2022Optimum Exploration LLCJul 2022 to Mar 2023Proven Natural Resources LLCApr 2023 to Aug 2025ZTH Operating, LLCSep 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

12 wells on this lease

Wells on COLE, M. T. -B-
API numberWell no.Status
42-183-890671Shut-in
42-183-890682Active
42-183-890693Shut-in
42-183-890704Active
42-183-890715Active
42-183-890726Active
42-183-890737Shut-in
42-183-890748Shut-in
42-183-890759Active
42-183-8907610Active
42-183-8907813Active
42-183-8907914Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers50Jan 1, 2024–
Plains Marketing, L.p.OilGathers50Jan 1, 2024–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021Jan 1, 2024
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021Jan 1, 2024
Plains Marketing, L.p.OilGathers100Dec 1, 2006Jan 1, 2024
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

  • Good to know

    16 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Cole, M. T. -B-
API numberWell no.Acreson the permit
42-183-890671–
42-183-890682–
42-183-890693–
42-183-890704–
42-183-890715–
42-183-890726–
42-183-890737–
42-183-890748–
42-183-890759–
42-183-8907610–
42-183-8907712–
42-183-8907813–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for COLE, M. T. -B-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026ZTH Operating,5252$80.46$2.89
Jun 2026ZTH Operating,3030$84.81$3.15
May 2026ZTH Operating,3030$102.13$2.94
Apr 2026ZTH Operating,8484$100.32$2.77
Mar 2026ZTH Operating,5050$91.38$3.04
Feb 2026ZTH Operating,120120$64.51$3.62
Jan 2026ZTH Operating,00$60.04$7.72
Dec 2025ZTH Operating,50$57.97$4.26
Nov 2025ZTH Operating,70$60.06$3.79
Oct 2025ZTH Operating,144144$60.89$3.19
Sep 2025ZTH Operating,0470$63.96$2.97
Aug 2025Proven Natural300$64.86$2.91
Jul 2025Proven Natural0148$68.39$3.20
Jun 2025Proven Natural190$68.17$3.02
May 2025Proven Natural125134$62.17$3.12
Apr 2025Proven Natural50$63.54$3.42
Mar 2025Proven Natural155155$68.24$4.12
Feb 2025Proven Natural165168$71.53$4.19
Jan 2025Proven Natural134134$75.74$4.13
Dec 2024Proven Natural158159$70.12$3.01
Nov 2024Proven Natural117118$69.95$2.12
Oct 2024Proven Natural157157$71.99$2.20
Sep 2024Proven Natural145144$70.24$2.28
Aug 2024Proven Natural171169$76.68$1.99
Jul 2024Proven Natural80$81.80$2.07
Jun 2024Proven Natural350$79.77$2.54
May 2024Proven Natural159158$80.02$2.12
Apr 2024Proven Natural180$85.35$1.60
Mar 2024Proven Natural163162$81.28$1.49
Feb 2024Proven Natural134134$77.25$1.72
Jan 2024Proven Natural313313$74.15$3.18
Dec 2023Proven Natural254255$71.90$2.52
Nov 2023Proven Natural313312$77.69$2.71
Oct 2023Proven Natural362358$85.64$2.98
Sep 2023Proven Natural310306$89.43$2.64
Aug 2023Proven Natural273268$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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ZTH Operating, LLC in Gregg County

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