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Texas oil lease

Producing

CRONIN UNIT 524

Cronin Unit 524 is an oil lease in Wood County, Texas, operated by Fossil Petroleum LLC in the Neuhoff (Paluxy) field.

1 well

4,406bbl oil, last 12 months−29% vs prior year
Operator
Fossil Petroleum LLC
County
Wood County
Field
Neuhoff (Paluxy)
RRC lease
06-15753

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
8,040 mcf
Oil in Jul 2026
606 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Fossil Petroleum LLC took over from Pangea's Edge Operating Co LLC in Mar 2026.

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

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Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for CRONIN UNIT 524, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 4,406 bbl in the 12 months through Jul 2026, against 6,243 bbl in the 12 months before.Last 12 months: 4,406 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for CRONIN UNIT 524, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 4,406 bbl in the 12 months through Jul 2026, against 6,243 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of CRONIN UNIT 524 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of CRONIN UNIT 524 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Mar 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    55% · 4,407 mcf

  • Transmission line (2)

    42% · 3,413 mcf

  • Lease fuel (1)

    2.7% · 220 mcf

Who has run this lease

The operator changed 2 times, most recently in Mar 2026

Operators of this lease over timePeak Operating LLC, Mar 2020 to Feb 2023; Pangea's Edge Operating Co LLC, Mar 2023 to Feb 2026; Fossil Petroleum LLC, Mar 2026 to Jul 2026202120222023202420252026Changed Mar 2023Changed Mar 2026Peak Operating LLCMar 2020 to Feb 2023Pangea's Edge Operating Co LLCMar 2023 to Feb 2026Fossil Petroleum LLCMar 2026 to now
Operators of this lease over timePeak Operating LLC, Mar 2020 to Feb 2023; Pangea's Edge Operating Co LLC, Mar 2023 to Feb 2026; Fossil Petroleum LLC, Mar 2026 to Jul 2026202120222023202420252026Changed Mar 2023Changed Mar 2026Peak Operating LLCMar 2020 to Feb 2023Pangea's Edge Operating Co LLCMar 2023 to Feb 2026Fossil Petroleum LLCMar 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CRONIN UNIT 524
API numberWell no.Status
42-499-321861HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Sep 1, 2026–
Sulphur River Gathering LLCCasinghead gasGathers100Mar 1, 2023Sep 1, 2026
Sulphur River Gathering LLCCasinghead gasBuys100Mar 1, 2023Sep 1, 2026
Plains Marketing, L.p.OilGathers100Apr 1, 2026Sep 1, 2026
Dk Trading & Supply, LLCOilGathers100Mar 1, 2023Apr 1, 2026

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

Who buys my oilOil price check

599.59 acres on the newest permit

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Permits for Cronin Unit 524
API numberWell no.Acreson the permit
42-499-321861H599.59

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

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36 months, newest first

Ledger for CRONIN UNIT 524
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Fossil Petroleum6065346976970$80.46$2.89
Jun 2026Fossil Petroleum8518401,1831,1830$84.81$3.15
May 2026Fossil Petroleum1,5391,4252,1632,1630$102.13$2.94
Apr 2026Fossil Petroleum002842840$100.32$2.77
Mar 2026Fossil Petroleum0082800$91.38$3.04
Feb 2026Pangea's Edge0085800$64.51$3.62
Jan 2026Pangea's Edge0089840$60.04$7.72
Dec 2025Pangea's Edge01621881770$57.97$4.26
Nov 2025Pangea's Edge4363498768230$60.06$3.79
Oct 2025Pangea's Edge3383509699110$60.89$3.19
Sep 2025Pangea's Edge3143396936510$63.96$2.97
Aug 2025Pangea's Edge3223357316870$64.86$2.91
Jul 2025Pangea's Edge4503431,3801,2970$68.39$3.20
Jun 2025Pangea's Edge2653358998450$68.17$3.02
May 2025Pangea's Edge4025091,3331,2530$62.17$3.12
Apr 2025Pangea's Edge4313281,5581,4650$63.54$3.42
Mar 2025Pangea's Edge4714971,6431,5440$68.24$4.12
Feb 2025Pangea's Edge3393411,3201,2410$71.53$4.19
Jan 2025Pangea's Edge6546681,8841,7710$75.74$4.13
Dec 2024Pangea's Edge7808242,0321,9100$70.12$3.01
Nov 2024Pangea's Edge4805021,5261,4340$69.95$2.12
Oct 2024Pangea's Edge8096772,1932,0610$71.99$2.20
Sep 2024Pangea's Edge7508292,1271,9990$70.24$2.28
Aug 2024Pangea's Edge4125161,3491,2680$76.68$1.99
Jul 2024Pangea's Edge4031671,5351,4430$81.80$2.07
Jun 2024Pangea's Edge6778203,1432,9540$79.77$2.54
May 2024Pangea's Edge9611,0063,6833,4620$80.02$2.12
Apr 2024Pangea's Edge9641,0142,7772,6100$85.35$1.60
Mar 2024Pangea's Edge9759752,1922,0610$81.28$1.49
Feb 2024Pangea's Edge1,0761,0051,6111,5140$77.25$1.72
Jan 2024Pangea's Edge4643466616210$74.15$3.18
Dec 2023Pangea's Edge9451,1611,5671,4730$71.90$2.52
Nov 2023Pangea's Edge1,0299791,4291,3430$77.69$2.71
Oct 2023Pangea's Edge83351510$85.64$2.98
Sep 2023Pangea's Edge848843000$89.43$2.64
Aug 2023Pangea's Edge1,4241,336000$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

This lease belongs to

OperatorFossil Petroleum LLCFieldNeuhoff (Paluxy)CountyWood County

Fossil Petroleum LLC in Wood County

No other producing leases from this operator in this county are in our data yet.

Neuhoff (Paluxy) field

No other producing leases in this field are in our data yet.

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