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Texas oil lease

No report in 6+ months

FITE OIL UNIT NO. 1

Fite Oil Unit No. 1 is an oil lease in Rusk County, Texas, operated by Mustang Drilling, Inc. in the Laneville, Ne. (Pettit, Lo.) field.

1 well

999bbl oil, last 12 months−58% vs prior year
Operator
Mustang Drilling, Inc.
County
Rusk County
Field
Laneville, Ne. (Pettit, Lo.)
RRC lease
06-13223

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil in Jul 2024
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as inactive since Oct 3, 2024 (last P-5 filed Mar 29, 2024).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

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

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Production by month

Oil output fell 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for FITE OIL UNIT NO. 1, Aug 2021 to Jul 2024. Oil output fell 58% over the last 12 months. 999 bbl in the 12 months through Jul 2024, against 2,352 bbl in the 12 months before.Last 12 months: 999 bblbbl per monthmcf per month005001000150120012501Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for FITE OIL UNIT NO. 1, Aug 2021 to Jul 2024. Oil output fell 58% over the last 12 months. 999 bbl in the 12 months through Jul 2024, against 2,352 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001000150120012501Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 2 months reported

Flaring peaked at 100.0% of the gas in Aug 2021.

All of the gas went to flaring in the 2 months reportedShare of FITE OIL UNIT NO. 1 gas by disposition code each month, Aug 2021 to Jul 2024. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in Aug 2021.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
All of the gas went to flaring in the 2 months reportedShare of FITE OIL UNIT NO. 1 gas by disposition code each month, Aug 2021 to Jul 2024. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in Aug 2021.Share of gas by disposition code0%50%100%Flared 100.0%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 2 months reported. 2 months above 3%.

1 well on this lease

Wells on FITE OIL UNIT NO. 1
API numberWell no.Status
42-401-324541Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Genesis Crude Oil, L.p.OilGathers100Oct 1, 2011

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

Who buys my oilOil price check

129 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Fite Oil Unit No. 1
API numberWell no.Acreson the permit
42-401-324541129

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

Unit decimal checker

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36 months, newest first

Ledger for FITE OIL UNIT NO. 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20240149000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202470000$85.35$1.60
Mar 2024890000$81.28$1.49
Feb 202499173000$77.25$1.72
Jan 2024121174000$74.15$3.18
Dec 20231200000$71.90$2.52
Nov 2023129174000$77.69$2.71
Oct 2023140172000$85.64$2.98
Sep 2023139169000$89.43$2.64
Aug 2023155170000$81.39$2.58
Jul 2023170171000$76.07$2.55
Jun 2023161171000$70.25$2.18
May 2023192172000$71.58$2.15
Apr 2023186173000$79.45$2.16
Mar 2023204176000$73.28$2.31
Feb 2023167173000$76.83$2.38
Jan 2023209173000$78.12$3.27
Dec 2022214174000$76.44$5.53
Nov 2022207347000$84.37$5.45
Oct 2022221172000$87.55$5.66
Sep 2022191172000$84.26$7.88
Aug 2022230173000$93.67$8.81
Jul 2022201341000$101.62$7.28
Jun 2022202172000$114.84$7.70
May 2022225171000$109.55$8.14
Apr 2022214171000$101.78$6.60
Mar 2022211343000$108.50$4.90
Feb 2022184174000$91.64$4.69
Jan 2022200172000$83.22$4.38
Dec 2021185171000$71.71$3.76
Nov 2021197174000$79.15$5.05
Oct 2021177173000$81.48$5.51
Sep 2021164171101$71.65$5.16
Aug 2021225172101$67.73$4.07

Flared above 3%

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

OperatorMustang Drilling, Inc.FieldLaneville, Ne. (Pettit, Lo.)CountyRusk County

Mustang Drilling, Inc. in Rusk County

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

Laneville, Ne. (Pettit, Lo.) field

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