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Texas oil lease

Producing

CORTEZ-WHELESS

Cortez-Wheless is an oil lease in Victoria County, Texas, operated by Allegiant Resources, LLC in the Placedo field.

1 well

4,742bbl oil, last 12 months−35% vs prior year
Operator
Allegiant Resources, LLC
County
Victoria County
Field
Placedo
RRC lease
02-12314

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Where it sits

This county

Victoria CountyVictoriaGoliadLavacaCalhounGonzalesDe WittWhartonJacksonVictoria County
Victoria County
Gas, last 12 months
2,833 mcf
Oil in May 2026
329 bbl

Production by month

Oil output fell 35% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for CORTEZ-WHELESS, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 3,830 bbl in the 12 months through Jul 2026, against 5,852 bbl in the 12 months before.Last 12 months: 3,830 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for CORTEZ-WHELESS, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 3,830 bbl in the 12 months through Jul 2026, against 5,852 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of CORTEZ-WHELESS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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 lease fuel in the last 12 monthsShare of CORTEZ-WHELESS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to lease fuel 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.

1 well on this lease

Wells on CORTEZ-WHELESS
API numberWell no.Status
42-469-344851HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers100Feb 22, 2022–
Southcross Gulf Coast Trans. LTDCasinghead gasGathers100Feb 22, 2022Jun 1, 2026
Southcross Marketing Company LTDCasinghead gasBuys100Feb 22, 2022Jun 1, 2026

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

Who buys my oilOil price check

115.22 acres on the newest permit

An allocation well is on this lease

Permits for Cortez-Wheless
API numberWell no.Acreson the permit
42-469-344851H115.22

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

Unit decimal checker

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36 months, newest first

Ledger for CORTEZ-WHELESS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 202632931557900$102.13$2.94
Apr 202632634513600$100.32$2.77
Mar 20264484168100$91.38$3.04
Feb 20264364183200$64.51$3.62
Jan 20263583639700$60.04$7.72
Dec 202537237019700$57.97$4.26
Nov 20253133348100$60.06$3.79
Oct 202537436539500$60.89$3.19
Sep 20254084151,23500$63.96$2.97
Aug 2025466451000$64.86$2.91
Jul 2025492498000$68.39$3.20
Jun 2025420416000$68.17$3.02
May 2025463468000$62.17$3.12
Apr 2025449451000$63.54$3.42
Mar 202549248215500$68.24$4.12
Feb 202543644814000$71.53$4.19
Jan 202551051515500$75.74$4.13
Dec 202450248715500$70.12$3.01
Nov 202449650015000$69.95$2.12
Oct 202453254215500$71.99$2.20
Sep 202451750715000$70.24$2.28
Aug 202454355515500$76.68$1.99
Jul 202455654715500$81.80$2.07
Jun 202457856915000$79.77$2.54
May 202459860415500$80.02$2.12
Apr 202460061117000$85.35$1.60
Mar 202460762026700$81.28$1.49
Feb 202459157231200$77.25$1.72
Jan 202462063847500$74.15$3.18
Dec 202368666255100$71.90$2.52
Nov 202364665569000$77.69$2.71
Oct 202370871778900$85.64$2.98
Sep 202371772081000$89.43$2.64
Aug 202384482283700$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

This lease belongs to

OperatorAllegiant Resources, LLCFieldPlacedoCountyVictoria County

Allegiant Resources, LLC in Victoria County

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Placedo field

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