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Texas oil lease

Producing

COODY 40

Coody 40 is an oil lease in Stephens County, Texas, operated by Tracer Operating, Inc. in the Stephens County Regular field.

3 wells

1,119bbl oil, last 12 months−31% vs prior year
Operator
Tracer Operating, Inc.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-31283

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas, last 12 months
4,525 mcf
Oil in Jul 2026
88 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for COODY 40, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,119 bbl in the 12 months through Jul 2026, against 1,625 bbl in the 12 months before.Last 12 months: 1,119 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for COODY 40, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 1,119 bbl in the 12 months through Jul 2026, against 1,625 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 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 COODY 40 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 COODY 40 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.

3 wells on this lease

Wells on COODY 40
API numberWell no.Status
42-429-368011AActive
42-429-368282Active
42-429-369393Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers50Jul 1, 2025–
True Oil Trucking & Mktg, LLCOilGathers50Oct 1, 2018–
Targa Midstream Services LLCCasinghead gasBuys100Nov 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Nov 1, 2023–
Ptt Premier Trading and Tran LLCOilGathers50Nov 1, 2023Jul 1, 2025
Targa Midstream Services LLCCasinghead gasGathers100Jun 1, 2013Nov 1, 2023
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2018Nov 1, 2023
Gulfmark Energy, Inc.OilGathers50Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

120 acres on the newest permit

The wells on this lease state different acreage

The permits state between 80 and 120 acres.

Permits for Coody 40
API numberWell no.Acreson the permit
42-429-369393120
42-429-36828280
42-429-368011A80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for COODY 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268802952950$80.46$2.89
Jun 2026611713663660$84.81$3.15
May 202611403643640$102.13$2.94
Apr 202686623673670$100.32$2.77
Mar 2026921103083080$91.38$3.04
Feb 20261041043353350$64.51$3.62
Jan 2026791653503500$60.04$7.72
Dec 20259403713710$57.97$4.26
Nov 2025107994794790$60.06$3.79
Oct 202597953833830$60.89$3.19
Sep 2025981124354350$63.96$2.97
Aug 2025991534724720$64.86$2.91
Jul 20251051692982980$68.39$3.20
Jun 202511203503500$68.17$3.02
May 20251241264344340$62.17$3.12
Apr 20251351615445440$63.54$3.42
Mar 2025119725225220$68.24$4.12
Feb 2025861012402400$71.53$4.19
Jan 20251781636546540$75.74$4.13
Dec 20241021017287280$70.12$3.01
Nov 20241352197267260$69.95$2.12
Oct 20241651578838830$71.99$2.20
Sep 20241811559529520$70.24$2.28
Aug 20241831511,0441,0440$76.68$1.99
Jul 20242113311,3811,3810$81.80$2.07
Jun 20242051339489480$79.77$2.54
May 20242251771,0241,0240$80.02$2.12
Apr 20242442501,2111,2110$85.35$1.60
Mar 20242433165295290$81.28$1.49
Feb 20242021632612610$77.25$1.72
Jan 20242292422812810$74.15$3.18
Dec 20232723293343340$71.90$2.52
Nov 2023342329000$77.69$2.71
Oct 2023554473000$85.64$2.98
Sep 2023169132000$89.43$2.64
Aug 2023051000$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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This lease belongs to

OperatorTracer Operating, Inc.FieldStephens County RegularCountyStephens County

Tracer Operating, Inc. in Stephens County

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Stephens County Regular field

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