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Texas oil lease

Producing

ELROD-OWENS UNIT

Elrod-Owens Unit is an oil lease in Montague County, Texas, operated by Pop Operating Company in the Sunset (Conglomerate) field.

1 well

194bbl oil, last 12 months+45% vs prior year
RRC lease
09-14717

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Gas, last 12 months
4,136 mcf
Oil in May 2026
14 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Pop Operating Company took over from Walsh & Watts, Inc. in Oct 2025.

  • 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

Oil output rose 45% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for ELROD-OWENS UNIT, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 177 bbl in the 12 months through Jul 2026, against 122 bbl in the 12 months before.Last 12 months: 177 bblbbl per monthmcf per month001010020200303004040050500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for ELROD-OWENS UNIT, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 177 bbl in the 12 months through Jul 2026, against 122 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001010020200303004040050500Jan 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 ELROD-OWENS UNIT 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 ELROD-OWENS UNIT 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.

Who has run this lease

The operator changed once, most recently in Oct 2025

Operators of this lease over timeWalsh & Watts, Inc., Jan 2020 to Sep 2025; Pop Operating Company, Oct 2025 to May 20262020202120222023202420252026Changed Oct 2025Walsh & Watts, Inc.Jan 2020 to Sep 2025Pop Operating CompanyOct 2025 to now
Operators of this lease over timeWalsh & Watts, Inc., Jan 2020 to Sep 2025; Pop Operating Company, Oct 2025 to May 20262020202120222023202420252026Changed Oct 2025Walsh & Watts, Inc.Jan 2020 to Sep 2025Pop Operating CompanyOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on ELROD-OWENS UNIT
API numberWell no.Status
42-337-026171Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Feb 1, 2019Dec 1, 2022
Gulfmark Energy, Inc.OilGathers100Jan 1, 2019Feb 1, 2019
Plains Marketing, L.p.OilGathers100Jul 1, 2000Jan 1, 2019

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Elrod-Owens Unit
API numberWell no.Acreson the permit
42-337-026171–

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

Estimate your royalty

36 months, newest first

Ledger for ELROD-OWENS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026No report–––––$84.81$3.15
May 2026Pop Operating1403603600$102.13$2.94
Apr 2026Pop Operating1803573570$100.32$2.77
Mar 2026Pop Operating1903853850$91.38$3.04
Feb 2026Pop Operating2103573570$64.51$3.62
Jan 2026Pop Operating1504004000$60.04$7.72
Dec 2025Pop Operating1903963960$57.97$4.26
Nov 2025Pop Operating1502662660$60.06$3.79
Oct 2025Pop Operating1503123120$60.89$3.19
Sep 2025Walsh &1403093090$63.96$2.97
Aug 2025Walsh &271583203200$64.86$2.91
Jul 2025Walsh &903413410$68.39$3.20
Jun 2025Walsh &803333330$68.17$3.02
May 2025Walsh &1102492490$62.17$3.12
Apr 2025Walsh &802912910$63.54$3.42
Mar 2025Walsh &802982980$68.24$4.12
Feb 2025Walsh &902532530$71.53$4.19
Jan 2025Walsh &902432430$75.74$4.13
Dec 2024Walsh &402782780$70.12$3.01
Nov 2024Walsh &502742740$69.95$2.12
Oct 2024Walsh &1202872870$71.99$2.20
Sep 2024Walsh &1302732730$70.24$2.28
Aug 2024Walsh &2602872870$76.68$1.99
Jul 2024Walsh &351472922920$81.80$2.07
Jun 2024Walsh &802832830$79.77$2.54
May 2024Walsh &1402612610$80.02$2.12
Apr 2024Walsh &1002882880$85.35$1.60
Mar 2024Walsh &1002782780$81.28$1.49
Feb 2024Walsh &1401971970$77.25$1.72
Jan 2024Walsh &1102572570$74.15$3.18
Dec 2023Walsh &1203713710$71.90$2.52
Nov 2023Walsh &1303993990$77.69$2.71
Oct 2023Walsh &904484480$85.64$2.98
Sep 2023Walsh &804084080$89.43$2.64
Aug 2023Walsh &904894890$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pop Operating Company in Montague County

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Sunset (Conglomerate) field

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