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Texas oil lease

Producing

FERGUSON, PAULINE

Ferguson, Pauline is an oil lease in Young County, Texas, operated by 2MC Consulting LLC in the Phillips (Marble Falls) field.

2 wells

68bbl oil, last 12 months−67% vs prior year
RRC lease
09-16905

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Where it sits

This county

Young CountyYoungBaylorJackPalo PintoClayThrockmortonArcherYoung County
Young County
Gas, last 12 months
3,760 mcf
Oil in Jul 2026
7 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: 2MC Consulting LLC took over from J Ranger Oil & Gas, LLC in Jun 2026.

  • Sales

    No sales reported for the last 6 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 fell 67% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for FERGUSON, PAULINE, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 68 bbl in the 12 months through Jul 2026, against 208 bbl in the 12 months before.Last 12 months: 68 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for FERGUSON, PAULINE, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 68 bbl in the 12 months through Jul 2026, against 208 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Transmission line (2)
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of FERGUSON, PAULINE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of FERGUSON, PAULINE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jun 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 3,939 mcf

  • Transmission line (2)

    7.5% · 319 mcf

Who has run this lease

The operator changed 2 times, most recently in Jun 2026

Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Aug 2024; J Ranger Oil & Gas, LLC, Sep 2024 to May 2026; 2MC Consulting LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Sep 2024Changed Jun 2026Three P Operating Co.,gp, L.L…Jan 2020 to Aug 2024J Ranger Oil & Gas, LLCSep 2024 to May 20262MC Consulting LLCJun 2026 to now
Operators of this lease over timeThree P Operating Co.,gp, L.L.C., Jan 2020 to Aug 2024; J Ranger Oil & Gas, LLC, Sep 2024 to May 2026; 2MC Consulting LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Sep 2024Changed Jun 2026Three P Operating Co.,gp, L.L.C.Jan 2020 to Aug 2024J Ranger Oil & Gas, LLCSep 2024 to May 20262MC Consulting LLCJun 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on FERGUSON, PAULINE
API numberWell no.Status
42-503-307011 LActive
42-503-30922A 2Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
True Oil Trucking & Mktg, LLCOilGathers100Jun 1, 2026–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2026–
Targa Midstream Services LLCCasinghead gasGathers100Jun 1, 2026–
Gulfmark Energy, Inc.OilGathers50Sep 1, 2024Jun 1, 2026
True Oil Trucking & Mktg, LLCOilGathers50Sep 1, 2024Jun 1, 2026
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021Sep 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Aug 1, 2011Jul 1, 2021

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 Ferguson, Pauline
API numberWell no.Acreson the permit
42-503-307011 L–
42-503-30922A 2–

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

Estimate your royalty

36 months, newest first

Ledger for FERGUSON, PAULINE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262MC Consulting702552550$80.46$2.89
Jun 20262MC Consulting1064640$84.81$3.15
May 2026J Ranger30880$102.13$2.94
Apr 2026J Ranger70000$100.32$2.77
Mar 2026J Ranger802212210$91.38$3.04
Feb 2026J Ranger703363360$64.51$3.62
Jan 2026J Ranger6495915910$60.04$7.72
Dec 2025J Ranger602462460$57.97$4.26
Nov 2025J Ranger802322320$60.06$3.79
Oct 2025J Ranger806096090$60.89$3.19
Sep 2025J Ranger505595590$63.96$2.97
Aug 2025J Ranger206396390$64.86$2.91
Jul 2025J Ranger104984980$68.39$3.20
Jun 2025J Ranger10204494490$68.17$3.02
May 2025J Ranger904824820$62.17$3.12
Apr 2025J Ranger1304674670$63.54$3.42
Mar 2025J Ranger2743973970$68.24$4.12
Feb 2025J Ranger104924920$71.53$4.19
Jan 2025J Ranger1206246240$75.74$4.13
Dec 2024J Ranger3108608600$70.12$3.01
Nov 2024J Ranger3408248240$69.95$2.12
Oct 2024J Ranger1066660$71.99$2.20
Sep 2024J Ranger103003000$70.24$2.28
Aug 2024Three P144000$76.68$1.99
Jul 2024Three P00000$81.80$2.07
Jun 2024Three P00000$79.77$2.54
May 2024Three P00000$80.02$2.12
Apr 2024Three P00000$85.35$1.60
Mar 2024Three P00000$81.28$1.49
Feb 2024Three P00000$77.25$1.72
Jan 2024Three P00000$74.15$3.18
Dec 2023Three P10000$71.90$2.52
Nov 2023Three P00000$77.69$2.71
Oct 2023Three P10000$85.64$2.98
Sep 2023Three P50000$89.43$2.64
Aug 2023Three P50000$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

2MC Consulting LLC in Young County

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Phillips (Marble Falls) field

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