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Texas oil lease

Producing

GILBERT UNIT

Gilbert Unit is an oil lease in Montague County, Texas, operated by Quail Ridge Operating LLC in the Newark, East (Barnett Shale) field.

3 wells

9,990bbl oil, last 12 months−59% vs prior year
Operator
Quail Ridge Operating LLC
County
Montague County
Field
Newark, East (Barnett Shale)
RRC lease
09-34285

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Gas, last 12 months
341,055 mcf
Oil in Jul 2026
727 bbl

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for GILBERT UNIT, May 2024 to Jul 2026. Oil output fell 59% over the last 12 months. 9,990 bbl in the 12 months through Jul 2026, against 24,453 bbl in the 12 months before.Last 12 months: 9,990 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for GILBERT UNIT, May 2024 to Jul 2026. Oil output fell 59% over the last 12 months. 9,990 bbl in the 12 months through Jul 2026, against 24,453 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of GILBERT UNIT gas by disposition code each month, May 2024 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: fuel to plantJul 24OctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of GILBERT UNIT gas by disposition code each month, May 2024 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Apr 25: fuel to plantJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on GILBERT UNIT
API numberWell no.Status
42-337-354941HActive
42-337-354952HActive
42-337-354963HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Ptt Premier Trading and Tran LLCOilGathers50May 24, 2024
True Oil Trucking & Mktg, LLCOilGathers50May 24, 2024
Targa Midstream Services LLCCasinghead gasBuys100May 24, 2024
Targa Midstream Services LLCCasinghead gasGathers100May 24, 2024

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

Who buys my oilOil price check

593.65 acres on the newest permit

Permits for Gilbert Unit
API numberWell no.Acreson the permit
42-337-354941H593.65
42-337-354952H593.65
42-337-354963H593.65

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

Unit decimal checker

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27 months, newest first

Ledger for GILBERT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202672791828,47228,4720$80.46$2.89
Jun 202654736423,69923,6990$84.81$3.15
May 202674095636,47336,4730$102.13$2.94
Apr 202681376034,34734,3470$100.32$2.77
Mar 202685994832,56332,5630$91.38$3.04
Feb 202663557423,74823,7480$64.51$3.62
Jan 202657593131,32731,3270$60.04$7.72
Dec 202585375830,52130,5210$57.97$4.26
Nov 20251,00374522,99522,9950$60.06$3.79
Oct 20251,10694720,29220,2920$60.89$3.19
Sep 202598593627,71227,7120$63.96$2.97
Aug 20251,1471,48528,90628,9060$64.86$2.91
Jul 20251,1931,13830,38730,3870$68.39$3.20
Jun 20251,1651,11527,68227,6820$68.17$3.02
May 202586295025,60425,6040$62.17$3.12
Apr 202592972125,84725,8470$63.54$3.42
Mar 20251,7531,88538,91000$68.24$4.12
Feb 20259751,10429,66429,6640$71.53$4.19
Jan 20251,3251,32151,75051,7500$75.74$4.13
Dec 20242,2962,26574,88174,8810$70.12$3.01
Nov 20242,2562,08261,27361,2730$69.95$2.12
Oct 20243,1053,37483,91883,9180$71.99$2.20
Sep 20243,0743,06553,84053,8400$70.24$2.28
Aug 20245,5205,62579,24979,2490$76.68$1.99
Jul 202414,20114,26372,61472,6140$81.80$2.07
Jun 202414,97614,72215,59215,5920$79.77$2.54
May 20244,4933,8433,4473,4470$80.02$2.12

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

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This lease belongs to

OperatorQuail Ridge Operating LLCFieldNewark, East (Barnett Shale)CountyMontague County

Quail Ridge Operating LLC in Montague County

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Newark, East (Barnett Shale) field

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