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Texas oil lease

Producing

GREASEWOOD

Greasewood is an oil lease in Ward County, Texas, operated by Abraxas Petroleum Corporation in the Phantom (Wolfcamp) field.

4 wells

36,601bbl oil, last 12 months−32% vs prior year
Operator
Abraxas Petroleum Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-51227

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
205,055 mcf
Oil in Jul 2026
2,924 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for GREASEWOOD, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 36,601 bbl in the 12 months through Jul 2026, against 53,968 bbl in the 12 months before.Last 12 months: 36,601 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for GREASEWOOD, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 36,601 bbl in the 12 months through Jul 2026, against 53,968 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

73% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in May 2026.

  • Processing plant (3)
  • Flared (4)
73% of the gas went to a processing plant in the last 12 monthsShare of GREASEWOOD gas by disposition code each month, Aug 2023 to Jul 2026. 73% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
73% of the gas went to a processing plant in the last 12 monthsShare of GREASEWOOD gas by disposition code each month, Aug 2023 to Jul 2026. 73% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 149,979 mcf

  • Flared (4)

    27% · 55,076 mcf

26.9% of the gas flared in the last 12 months. 21 months above 3%.

4 wells on this lease

Wells on GREASEWOOD
API numberWell no.Status
42-475-37457201HActive
42-475-37458301HActive
42-475-37884401HActive
42-475-37885104HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Dec 1, 2020–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Jul 1, 2020Oct 1, 2023
Targa Midstream Services LLCCasinghead gasBuys100Jul 1, 2020Oct 1, 2023
West Texas Crude Transport, LLCOilGathers100Jul 1, 2020Dec 1, 2020
Energy Transfer CompanyCasinghead gasGathers100Jan 29, 2020Jul 1, 2020
Etc Texas P/L, LTDCasinghead gasBuys100Jan 29, 2020Jul 1, 2020
Rio Energy International, Inc.OilGathers5Dec 6, 2019Jul 1, 2020

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Greasewood
API numberWell no.Acreson the permit
42-475-37884401H640
42-475-37885104H640
42-475-37458301H640
42-475-37457201H640

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

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36 months, newest first

Ledger for GREASEWOOD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9242,67514,5539,9644,589$80.46$2.89
Jun 20262,6683,03512,808012,808$84.81$3.15
May 20262,8562,62513,280013,280$102.13$2.94
Apr 20262,6972,65514,1546,1548,000$100.32$2.77
Mar 20262,8983,51116,69514,5122,183$91.38$3.04
Feb 20262,5742,48813,59711,7171,880$64.51$3.62
Jan 20262,3793,20515,40313,3202,083$60.04$7.72
Dec 20252,7881,95117,03314,7312,302$57.97$4.26
Nov 20253,5673,68320,92318,0262,897$60.06$3.79
Oct 20253,9154,42923,28421,1952,089$60.89$3.19
Sep 20253,6743,32921,76120,1501,611$63.96$2.97
Aug 20253,6614,35621,56420,2101,354$64.86$2.91
Jul 20254,1503,50724,36723,1541,213$68.39$3.20
Jun 20253,7564,88222,53122,429102$68.17$3.02
May 20255,1186,28029,50427,6321,872$62.17$3.12
Apr 20255,2514,58628,59228,5920$63.54$3.42
Mar 20255,3415,44927,09427,0940$68.24$4.12
Feb 20254,0544,06219,27518,507768$71.53$4.19
Jan 20255,0554,59421,49721,4970$75.74$4.13
Dec 20243,8544,21817,09417,0940$70.12$3.01
Nov 20244,0363,85718,73218,088644$69.95$2.12
Oct 20244,9215,10320,07417,6452,429$71.99$2.20
Sep 20243,6872,80917,76017,7600$70.24$2.28
Aug 20244,7454,74324,10524,09411$76.68$1.99
Jul 20244,9845,95524,71023,831879$81.80$2.07
Jun 20245,1993,86923,53523,44689$79.77$2.54
May 20244,5604,50221,63321,56766$80.02$2.12
Apr 20244,7454,89720,98820,719269$85.35$1.60
Mar 20245,0544,36621,43121,4310$81.28$1.49
Feb 20244,5384,66816,42316,4230$77.25$1.72
Jan 20244,9924,73517,40617,4060$74.15$3.18
Dec 20235,0225,38119,63416,5823,052$71.90$2.52
Nov 20235,1245,11616,80512,3074,498$77.69$2.71
Oct 20234,6694,48115,90615,8997$85.64$2.98
Sep 20235,5985,77221,88418,9262,958$89.43$2.64
Aug 20235,5825,21223,42323,37845$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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This lease belongs to

OperatorAbraxas Petroleum CorporationFieldPhantom (Wolfcamp)CountyWard County

Abraxas Petroleum Corporation in Ward County

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