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Texas oil lease

Producing

DROUGHT 156

Drought 156 is an oil lease in Duval County, Texas, operated by Mountain V Texas, LLC in the Neely, East ( 700) field.

3 wells

5,302bbl oil, last 12 months+100% vs prior year
RRC lease
04-14068

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Where it sits

This county

Duval CountyDuvalJim WellsDuval County
Duval County
Oil in Jun 2026
274 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 100% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Last 12 months
Oil output rose 100% over the last 12 monthsMonthly oil production for DROUGHT 156, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 4,855 bbl in the 12 months through Jul 2026, against 2,422 bbl in the 12 months before.Last 12 months: 4,855 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 100% over the last 12 monthsMonthly oil production for DROUGHT 156, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 4,855 bbl in the 12 months through Jul 2026, against 2,422 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 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 once, most recently in Apr 2026

Operators of this lease over timeSmith Production Inc., Jan 2020 to Mar 2026; Mountain V Texas, LLC, Apr 2026 to Jun 20262020202120222023202420252026Changed Apr 2026Smith Production Inc.Jan 2020 to Mar 2026Mountain V Texas, LLCApr 2026 to now
Operators of this lease over timeSmith Production Inc., Jan 2020 to Mar 2026; Mountain V Texas, LLC, Apr 2026 to Jun 20262020202120222023202420252026Changed Apr 2026Smith Production Inc.Jan 2020 to Mar 2026Mountain V Texas, LLCApr 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on DROUGHT 156
API numberWell no.Status
42-131-396027Active
42-131-396038Shut-in
42-131-396049Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Gulfmark Energy, Inc.OilGathers100Nov 3, 2017

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

323 acres on the newest permit

Permits for Drought 156
API numberWell no.Acreson the permit
42-131-396038323
42-131-396049323
42-131-396027323

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

Estimate your royalty

36 months, newest first

Ledger for DROUGHT 156
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Mountain V274275$84.81$3.15
May 2026Mountain V486479$102.13$2.94
Apr 2026Mountain V577642$100.32$2.77
Mar 2026Smith Production496322$91.38$3.04
Feb 2026Smith Production189626$64.51$3.62
Jan 2026Smith Production443316$60.04$7.72
Dec 2025Smith Production545652$57.97$4.26
Nov 2025Smith Production415161$60.06$3.79
Oct 2025Smith Production460483$60.89$3.19
Sep 2025Smith Production333473$63.96$2.97
Aug 2025Smith Production637477$64.86$2.91
Jul 2025Smith Production447313$68.39$3.20
Jun 2025Smith Production314475$68.17$3.02
May 2025Smith Production118165$62.17$3.12
Apr 2025Smith Production516470$63.54$3.42
Mar 2025Smith Production97142$68.24$4.12
Feb 2025Smith Production3273$71.53$4.19
Jan 2025Smith Production770$75.74$4.13
Dec 2024Smith Production8373$70.12$3.01
Nov 2024Smith Production143213$69.95$2.12
Oct 2024Smith Production130$71.99$2.20
Sep 2024Smith Production289382$70.24$2.28
Aug 2024Smith Production293132$76.68$1.99
Jul 2024Smith Production409390$81.80$2.07
Jun 2024Smith Production559398$79.77$2.54
May 2024Smith Production202401$80.02$2.12
Apr 2024Smith Production155267$85.35$1.60
Mar 2024Smith Production657400$81.28$1.49
Feb 2024Smith Production157127$77.25$1.72
Jan 2024Smith Production281390$74.15$3.18
Dec 2023Smith Production370389$71.90$2.52
Nov 2023Smith Production493393$77.69$2.71
Oct 2023Smith Production513506$85.64$2.98
Sep 2023Smith Production611777$89.43$2.64
Aug 2023Smith Production554650$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

Mountain V Texas, LLC in Duval County

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