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Texas oil lease

Producing

FORTUNE 500

Fortune 500 is an oil lease in Ector County, Texas, operated by R3 Operating Corporation in the Cowden (Canyon) field.

2 wells

23,253bbl oil, last 12 months−12% vs prior year
Operator
R3 Operating Corporation
County
Ector County
Field
Cowden (Canyon)
RRC lease
08-33968

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Oil in Jul 2026
1,948 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for FORTUNE 500, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 23,253 bbl in the 12 months through Jul 2026, against 26,516 bbl in the 12 months before.Last 12 months: 23,253 bblbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,0005,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for FORTUNE 500, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 23,253 bbl in the 12 months through Jul 2026, against 26,516 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,0005,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

80% of the gas went to a transmission line in the 10 months reported

Flaring peaked at 73.0% of the gas in May 2024.

  • Transmission line (2)
  • Flared (4)
80% of the gas went to a transmission line in the 10 months reportedShare of FORTUNE 500 gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line in the 10 months reported. Flaring peaked at 73.0% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 73.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
80% of the gas went to a transmission line in the 10 months reportedShare of FORTUNE 500 gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line in the 10 months reported. Flaring peaked at 73.0% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 73.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    80% · 13,443 mcf

  • Flared (4)

    20% · 3,353 mcf

20.0% of the gas flared in the 10 months reported. 10 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Aug 2025

Operators of this lease over timeWhite Rock Oil & Gas, LLC, Jan 2020 to May 2024; T2 Operating Corporation, Jun 2024 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Jun 2024Changed Aug 2025White Rock Oil & Gas, LLCJan 2020 to May 2024T2 Operating CorporationJun 2024 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeWhite Rock Oil & Gas, LLC, Jan 2020 to May 2024; T2 Operating Corporation, Jun 2024 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Jun 2024Changed Aug 2025White Rock Oil & Gas, LLCJan 2020 to May 2024T2 Operating CorporationJun 2024 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on FORTUNE 500
API numberWell no.Status
42-135-365221Active
42-135-365532Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Aug 1, 2024–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021Aug 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2020Jul 1, 2021
Sentinel Transportation, LLCOilGathers100Jan 1, 2004Nov 1, 2020

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Fortune 500
API numberWell no.Acreson the permit
42-135-365221160
42-135-365532160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FORTUNE 500
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating1,9481,951000$80.46$2.89
Jun 2026R3 Operating1,8811,918000$84.81$3.15
May 2026R3 Operating1,7231,742000$102.13$2.94
Apr 2026R3 Operating1,9471,788000$100.32$2.77
Mar 2026R3 Operating2,0702,159000$91.38$3.04
Feb 2026R3 Operating2,0711,982000$64.51$3.62
Jan 2026R3 Operating1,9012,192000$60.04$7.72
Dec 2025R3 Operating2,3082,207000$57.97$4.26
Nov 2025R3 Operating1,8061,833000$60.06$3.79
Oct 2025R3 Operating1,7931,787000$60.89$3.19
Sep 2025R3 Operating2,3512,126000$63.96$2.97
Aug 2025R3 Operating1,4541,437000$64.86$2.91
Jul 2025T2 Operating2,1552,311000$68.39$3.20
Jun 2025T2 Operating2,0621,973000$68.17$3.02
May 2025T2 Operating2,3052,515000$62.17$3.12
Apr 2025T2 Operating2,2182,118000$63.54$3.42
Mar 2025T2 Operating2,3122,122000$68.24$4.12
Feb 2025T2 Operating1,8782,115000$71.53$4.19
Jan 2025T2 Operating2,0531,946000$75.74$4.13
Dec 2024T2 Operating2,3082,634000$70.12$3.01
Nov 2024T2 Operating2,2432,099000$69.95$2.12
Oct 2024T2 Operating2,3352,486000$71.99$2.20
Sep 2024T2 Operating2,4512,528000$70.24$2.28
Aug 2024T2 Operating2,1962,308000$76.68$1.99
Jul 2024T2 Operating2,8582,333000$81.80$2.07
Jun 2024T2 Operating1,9612,372000$79.77$2.54
May 2024White Rock2,4252,3691,181319862$80.02$2.12
Apr 2024White Rock2,4632,3511,7891,681108$85.35$1.60
Mar 2024White Rock2,6912,5381,9021,81191$81.28$1.49
Feb 2024White Rock2,5652,5631,533724809$77.25$1.72
Jan 2024White Rock2,2272,3811,131819312$74.15$3.18
Dec 2023White Rock1,7882,0061,034697337$71.90$2.52
Nov 2023White Rock2,6942,5531,8991,780119$77.69$2.71
Oct 2023White Rock2,6022,4002,1722,023149$85.64$2.98
Sep 2023White Rock2,7252,7232,0671,782285$89.43$2.64
Aug 2023White Rock2,7482,8842,0881,807281$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorR3 Operating CorporationFieldCowden (Canyon)CountyEctor County

R3 Operating Corporation in Ector County

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Cowden (Canyon) field

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