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Texas oil lease

Producing

HUDIE MORGAN UNIT

Hudie Morgan Unit is an oil lease in Wood County, Texas, operated by Valence Operating Company in the Como (Rodessa Hill, Lo.) field.

2 wells

5,153bbl oil, last 12 months−10% vs prior year
Operator
Valence Operating Company
County
Wood County
Field
Como (Rodessa Hill, Lo.)
RRC lease
05-04263

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
68,777 mcf
Oil in Jul 2026
245 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for HUDIE MORGAN UNIT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 5,153 bbl in the 12 months through Jul 2026, against 5,719 bbl in the 12 months before.Last 12 months: 5,153 bblbbl per monthmcf per month0025010k50020k75030k1,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for HUDIE MORGAN UNIT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 5,153 bbl in the 12 months through Jul 2026, against 5,719 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of HUDIE MORGAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of HUDIE MORGAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 34,776 mcf

  • Lease fuel (1)

    11% · 4,202 mcf

  • Flared (4)

    1.1% · 429 mcf

1.1% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on HUDIE MORGAN UNIT
API numberWell no.Status
42-499-308591AGShut-in
42-499-321652HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100May 1, 2025–
Midcoast Pipelines (E Tx) L.p.Casinghead gasBuys100Jan 1, 2019–
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Jan 1, 2019–
Lion Oil Trading & Trans, LLCOilGathers100Jun 1, 2016May 1, 2025
Enbridge Pipelines (E. Tx) L.p.Casinghead gasGathers100Jun 1, 2016Jan 1, 2019
Enbridge Pipelines (E. Tx) L.p.Casinghead gasBuys100Jun 1, 2016Jan 1, 2019

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

Who buys my oilOil price check

480 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 40 and 480 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Hudie Morgan Unit
API numberWell no.Acreson the permit
42-499-321652H480
42-499-308591AG40

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

Unit decimal checker

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36 months, newest first

Ledger for HUDIE MORGAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202624523932,6342,86419$80.46$2.89
Jun 20263694364,0583,54163$84.81$3.15
May 20264454364,0763,56328$102.13$2.94
Apr 20264544333,6543,16668$100.32$2.77
Mar 20265275363,2343,02478$91.38$3.04
Feb 20264164252,4942,15123$64.51$3.62
Jan 20263733382,5462,19139$60.04$7.72
Dec 20254324613,3572,94121$57.97$4.26
Nov 20254464272,8462,47921$60.06$3.79
Oct 20254964813,5653,15624$60.89$3.19
Sep 20255145433,0592,80325$63.96$2.97
Aug 20254363923,2542,89720$64.86$2.91
Jul 20254985043,7683,31127$68.39$3.20
Jun 20255415443,4712,97433$68.17$3.02
May 20255435633,5443,01041$62.17$3.12
Apr 20255365213,4743,00936$63.54$3.42
Mar 20254294353,0802,67532$68.24$4.12
Feb 20253783842,6102,22529$71.53$4.19
Jan 20254484503,2012,73133$75.74$4.13
Dec 20244234382,9282,51436$70.12$3.01
Nov 20245585603,6403,17739$69.95$2.12
Oct 20244764413,7283,22332$71.99$2.20
Sep 20244044103,4562,924103$70.24$2.28
Aug 20244854843,7613,3250$76.68$1.99
Jul 20245355324,1643,62334$81.80$2.07
Jun 20245435423,7023,20436$79.77$2.54
May 20245725764,2383,64274$80.02$2.12
Apr 20245665704,2523,68569$85.35$1.60
Mar 20246526623,8113,27846$81.28$1.49
Feb 20246576513,2633,12654$77.25$1.72
Jan 20246657183,5143,10091$74.15$3.18
Dec 20238007553,8333,35050$71.90$2.52
Nov 20238878863,9523,48052$77.69$2.71
Oct 20235104873,1002,73640$85.64$2.98
Sep 20235105082,8962,57532$89.43$2.64
Aug 20233933902,9062,58124$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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This lease belongs to

OperatorValence Operating CompanyFieldComo (Rodessa Hill, Lo.)CountyWood County

Valence Operating Company in Wood County

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Como (Rodessa Hill, Lo.) field

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