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Texas oil lease

Producing

CRAFT-WATERBOARD UNIT 4

Craft-Waterboard Unit 4 is an oil lease in Wise County, Texas, operated by Eagleridge Operating, LLC in the Boonsville (Caddo Lime) field.

1 well

480mcf gas, last 12 months−43% vs prior year
RRC lease
09-29639

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 11 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Gas output fell 43% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for CRAFT-WATERBOARD UNIT 4, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 480 mcf in the 12 months through Jul 2026, against 848 mcf in the 12 months before.Last 12 months: 480 mcfmcf per monthbbl per month0010020200403006040080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for CRAFT-WATERBOARD UNIT 4, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 480 mcf in the 12 months through Jul 2026, against 848 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010020200403006040080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2024 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Sep 2024 the lease's gas goes to lease fuel instead of a transmission lineShare of CRAFT-WATERBOARD UNIT 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2024: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2024 the lease's gas goes to lease fuel instead of a transmission lineShare of CRAFT-WATERBOARD UNIT 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Sep 24: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CRAFT-WATERBOARD UNIT 4
API numberWell no.Status
42-497-343554Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.OilGathers50Sep 21, 2023–
Sentinel Transportation, LLCOilGathers50Sep 21, 2023–
Colt G & P (North Texas) L.p.Casinghead gasBuys100Sep 21, 2023–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Sep 21, 2023–
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018Sep 21, 2023
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018Sep 21, 2023
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Sep 21, 2023

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

352 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Craft-Waterboard Unit 4
API numberWell no.Acreson the permit
42-497-343554352

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

Estimate your royalty

36 months, newest first

Ledger for CRAFT-WATERBOARD UNIT 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026005900$102.13$2.94
Apr 2026005600$100.32$2.77
Mar 2026005900$91.38$3.04
Feb 2026005000$64.51$3.62
Jan 2026004400$60.04$7.72
Dec 2025005100$57.97$4.26
Nov 2025005400$60.06$3.79
Oct 2025001300$60.89$3.19
Sep 2025004600$63.96$2.97
Aug 202501504800$64.86$2.91
Jul 20252905500$68.39$3.20
Jun 20253504900$68.17$3.02
May 20253204200$62.17$3.12
Apr 202536605500$63.54$3.42
Mar 20253904000$68.24$4.12
Feb 202544135200$71.53$4.19
Jan 20255602500$75.74$4.13
Dec 20245705500$70.12$3.01
Nov 2024005500$69.95$2.12
Oct 2024005700$71.99$2.20
Sep 2024004900$70.24$2.28
Aug 2024003643250$76.68$1.99
Jul 2024003643250$81.80$2.07
Jun 2024003693460$79.77$2.54
May 202400108510$80.02$2.12
Apr 2024003953460$85.35$1.60
Mar 202400133800$81.28$1.49
Feb 202400103520$77.25$1.72
Jan 202400123660$74.15$3.18
Dec 202300108490$71.90$2.52
Nov 2023001941390$77.69$2.71
Oct 2023003423030$85.64$2.98
Sep 2023002872420$89.43$2.64
Aug 2023003323150$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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Nearby

Eagleridge Operating, LLC in Wise County

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Boonsville (Caddo Lime) field

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