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Texas oil lease

Producing

HOUGH, N. J.

Hough, N. J. is an oil lease in Grayson County, Texas, operated by Gilbreath Tank Trucks, Inc. in the Cannon (3140) field.

1 well

350bbl oil, last 12 months−75% vs prior year
RRC lease
09-12900

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Where it sits

This county

Grayson CountyGraysonCookeFanninGrayson County
Grayson County
Oil in Jul 2026
5 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 4 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 75% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 75% over the last 12 monthsMonthly oil production for HOUGH, N. J., Aug 2023 to Jul 2026. Oil output fell 75% over the last 12 months. 350 bbl in the 12 months through Jul 2026, against 1,405 bbl in the 12 months before.Last 12 months: 350 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 75% over the last 12 monthsMonthly oil production for HOUGH, N. J., Aug 2023 to Jul 2026. Oil output fell 75% over the last 12 months. 350 bbl in the 12 months through Jul 2026, against 1,405 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on HOUGH, N. J.
API numberWell no.Status
42-181-000811Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Gulfmark Energy, Inc.OilGathers100Apr 1, 2019Nov 1, 2023
Ngl Crude Logistics, LLCOilGathers100Sep 1, 2014Apr 1, 2019

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 Hough, N. J.
API numberWell no.Acreson the permit
42-181-000811–

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

Estimate your royalty

36 months, newest first

Ledger for HOUGH, N. J.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202650$80.46$2.89
Jun 2026100$84.81$3.15
May 2026100$102.13$2.94
Apr 2026500$100.32$2.77
Mar 202650167$91.38$3.04
Feb 2026200$64.51$3.62
Jan 2026150$60.04$7.72
Dec 202550$57.97$4.26
Nov 2025100$60.06$3.79
Oct 2025500$60.89$3.19
Sep 2025750$63.96$2.97
Aug 202550137$64.86$2.91
Jul 2025750$68.39$3.20
Jun 20251100$68.17$3.02
May 2025100155$62.17$3.12
Apr 2025500$63.54$3.42
Mar 2025150147$68.24$4.12
Feb 2025150153$71.53$4.19
Jan 202575151$75.74$4.13
Dec 2024800$70.12$3.01
Nov 2024175163$69.95$2.12
Oct 2024150157$71.99$2.20
Sep 2024140141$70.24$2.28
Aug 2024150148$76.68$1.99
Jul 2024125140$81.80$2.07
Jun 2024200168$79.77$2.54
May 2024175145$80.02$2.12
Apr 2024150178$85.35$1.60
Mar 2024255342$81.28$1.49
Feb 2024750$77.25$1.72
Jan 202450162$74.15$3.18
Dec 2023450339$71.90$2.52
Nov 2023125141$77.69$2.71
Oct 2023150155$85.64$2.98
Sep 2023150150$89.43$2.64
Aug 2023175163$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

Gilbreath Tank Trucks, Inc. in Grayson County

All Gilbreath Tank Trucks, Inc. leases →

Cannon (3140) field

All leases in this field →

New drilling permits in Grayson County

Newest in the county: this lease has no coordinates.